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Hotly Contested Vacant Day Hospital Adjoining Monash Medical Centre Sells in Sub-$20 Million Deal
Summary
A purpose-built day hospital directly adjoining Monash Medical Centre in Clayton has sold for less than $20 million after attracting strong competition.
The sale puts a vacant, healthcare-specific asset into new ownership despite its limited alternative uses.
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The transaction suggests well-located healthcare real estate can draw strong buyer interest even when vacant.