A 14-asset diagnostic imaging portfolio owned by Hunter Ferdinand Property Group has sold for a combined $100,343,000 with yields commencing from 4.97%, reflecting the continued strength and depth of the healthcare investment market.
Majority tenanted by PRP Diagnostic Imaging, one of Australia’s leading diagnostic imaging providers, the assets are located in Sydney, the Central Coast and across regional New South Wales in Blacktown, Wollongong, Denistone, Maitland, Tuggerah, Hornsby, Adamstown, Erina, Shellharbour, Gordon, Westmead, Gosford, Bathurst and Orange.
The transactions were managed exclusively by CBRE’s Yosh Mendis, Geoff Sinclair, Luke Easton, Sam Mulcahy, and Darren Beehag on behalf of Hunter Ferdinand Property Group.
CBRE Senior Director Yosh Mendis noted these results demonstrate the sustained and growing investor demand for high-quality healthcare assets underpinned by nationally recognised tenants, reaffirming the enduring appeal of premium medical investments.
“The Hunter Ferdinand held Diagnostic Imaging Portfolio is one of the most significant healthcare divestment campaigns the market has seen, and the results speak for themselves,” Mr Mendis said.
“Achieving over $100,000,000 across 14 individually transacted assets, with yields from 4.97%, reflects the extraordinary depth of investor appetite for premium medical real estate underpinned by nationally recognised, non-discretionary tenants. Private investors across Australia continue to prioritise healthcare assets for their defensive income, long-term lease structures and exposure to Australia’s rapidly growing health services sector,” he added.
CBRE Director Geoff Sinclair said, “What made this campaign particularly compelling was the breadth of investor demand we saw across every price point in the portfolio, from sub-$5 million regional assets through to a landmark $19.55 million Sydney facility.
“Every asset was competitively contested and transacted to private investors, underscoring the strength of the healthcare sector as a core allocation for high-net-worth capital. The results reaffirm that PRP’s covenant, backed by the combined $381 billion AUM of IFM Investors and UniSuper, resonates powerfully with the market.”
Australia’s medical property sector continues to be underpinned by non-discretionary healthcare demand, with structural shifts in care delivery pushing a growing share of routine, preventative and specialist services out of hospitals and into community-based facilities.
The 2026-27 Federal Budget’s record investment in public hospitals will support greater healthcare activity across the system. As hospitals continue to prioritise acute and emergency care while managing growing patient volumes, an increasing share of routine and specialist diagnostic imaging is expected to be delivered through community-based providers.
With approximately 28.6 million diagnostic imaging services already performed nationally each year, rising healthcare expenditure is set to drive further demand for imaging services. Community imaging operators are well positioned to benefit, providing the additional capacity needed to support patient access and reduce pressure on the public hospital system.
Mr Mendis said that for investors, this points to sustained, structurally supported demand underpinned by both demographic growth and ongoing government healthcare investment.
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