PRESS RELEASE
Specialist healthcare real estate advisory Your Medical Property has successfully completed the leasing of 605 Camberwell Road, Camberwell to Whitehorse Medical Centre, securing a 12-year lease over 461 square metres at a net rental of $300,000 per annum. The transaction delivers full occupancy across the asset for owner Barwon Investment Partners.
The appointment marks another significant transaction for Your Medical Property, Australia’s specialist agency focused exclusively on medical and healthcare real estate and highlights the growing demand for strategically positioned healthcare assets across metropolitan Melbourne. Unlike a traditional leasing campaign, Your Medical Property developed a targeted strategy focused on identifying the most suitable healthcare operators, leveraging its proprietary database of medical occupiers and conducting direct engagement with potential tenants. The campaign generated multiple parties, enabling Barwon Investment Partners to secure a high-quality long-term covenant.
Mark Wizel, Founder of Your Medical Property, said:
“Healthcare leasing is fundamentally different to traditional commercial leasing. Medical operators don’t simply compare rental rates—they assess patient demographics, referral pathways, surrounding healthcare infrastructure, planning requirements and long-term growth potential.”
“Our role is to understand what makes a healthcare business successful and then position each property to attract the strongest possible operators. That strategic approach allows us to consistently achieve outcomes that conventional campaigns often cannot.”
“This transaction demonstrates the value of a specialist platform. The tenancy had previously been available for an extended period, but by repositioning the opportunity, directly targeting healthcare groups and managing the negotiations strategically, we were able to secure an outstanding long-term outcome for our client.”
“Australia’s healthcare property sector is becoming increasingly sophisticated. Owners are recognising that specialist medical assets require specialist advisors. We believe there is a significant difference between leasing space and creating long-term healthcare destinations that support practitioners, patients and landlords alike.”
Chris Tedder, Asset Manager, Barwon Investment Partners, said:
“The successful leasing of 605 Camberwell Road is a highly strategic outcome for Barwon Investment Partners. Not only have we secured an excellent long-term medical tenant, but the transaction also takes the asset to a fully leased position, strengthening its long-term investment profile.”
“Your Medical Property approached the assignment very differently from a traditional leasing agency. Their strategic thinking, specialist healthcare knowledge and proactive communication throughout the process were outstanding. Their ability to identify the right occupier and bring negotiations to a successful conclusion delivered an excellent result for our investors.” This reflects the views expressed by Barwon in its reference for the transaction.
The transaction reinforces the increasing importance of specialist healthcare real estate advisors as Australia’s medical sector continues to expand. Medical operators increasingly require advisors who understand planning approvals, healthcare service integration, patient catchments, demographic analysis and the operational requirements unique to healthcare facilities.
Transaction Summary
- Property: 605 Camberwell Road, Camberwell
- Landlord: Barwon Investment Partners
- Tenant: Whitehorse Medical Centre
- Lease Term: 12 Years
- Net Rental: $300,000 per annum
- Building Area: 461 sqm
- Property Type: Medical
- Outcome: Asset now fully leased
About Your Medical Property
Your Medical Property is one of Australia’s specialist healthcare real estate advisory businesses, dedicated exclusively to the medical, healthcare and life sciences sectors. Founded by leading commercial property advisor Mark Wizel, the business partners with landlords, institutional investors, private owners, healthcare operators and developers to maximise the performance of healthcare property assets through strategic leasing, acquisitions, tenant advisory and development consulting. Unlike traditional commercial real estate agencies, Your Medical Property combines deep property expertise with an understanding of healthcare delivery, allowing the team to advise on tenant mix, practice requirements, patient catchments, planning considerations and long-term asset positioning. The business maintains one of Australia’s growing databases of medical occupiers, including general practitioners, specialist medical groups, radiology providers, pathology operators, allied health businesses, private hospitals, day surgeries and healthcare investors. This enables highly targeted off-market leasing campaigns that consistently deliver stronger outcomes for landlords. Your Medical Property is part of the Wizel Property Group, an integrated property business providing investment management, transaction advisory, leasing, project management and property management services across Australia.
For more information contact:
Mark Wizel
Founder | Your Medical Property
0411 694 756
mark@yourmedicalproperty.com.au
www.yourmedicalproperty.com.au
