Seniors Housing to be interleaved within medical community

LONDON: Seniors Housing will be interleaved within a mammoth medical precinct currently on the drawing boards of a dozen participants.

The $1 billion dollar redevelopment of Claremont on the Park is almost complete, with plans for a medical centre revealed for the last site in the 14-year-long regeneration project.

The precinct comprises more than 750 apartments, in developments by Mirvac, Blackburne, Oryx Communities and Iris Residential, as well as nearly 12,000sqm of commercial space and 2600sqm of retail.

The last undeveloped site in the transit-oriented development — created by DevelopmentWA to sit around Claremont Oval and close surrounds — adds the first significant health asset to the precinct.

Australian Development Capital has revealed it will develop a $52 million medical facility, anchored by dermatology group Dermco, which includes a skin cancer day surgery unit.

Founding director Rod Hamersley said a big part of the attraction of the site was its access to a large residential catchment, with a substantial component of downsizer, as well as its location along a train line.

He believes Claremont on the Park has been a big success and can be successfully replicated elsewhere across the metropolitan area.

“The key to success is access to infrastructure — not just transport but also services,” he said.

Mr Hamersley said part of that reason was due to an eagerness to diversify with its first health asset, which was “very resilient on the investor side of things”, and a desire to collaborate with Dermco.

“Their experience, their network of businesses and tenants was something that was really appealing,” he said.

“The healthcare industry has proved to be an attractive and resilient asset class over the past 10 to 20 years, having materially outperformed other real estate sectors.”

DermCo and some other medical firms have already filled 75 per cent of the space with long-term leases. ADC is negotiating with pharmacy, pathology and other consultants for the remaining space.

Designed by MJA Studio, it will house a new flagship Dermatology Institute for WA, along with a day procedure unit for cutaneous surgical procedures and a private urgent-care operator.

The medical facility will be built on a 2935sqm site on Shenton Road, just to the north of the railway station and close to the revitalised Claremont Station and Claremont Quarter.

If the development application — which has been lodged with the Department of Planning, Land and Heritage and the Town of Claremont — is approved, construction would commence in mid-2025 and the facility would be operational in mid-2027. It will have 64 parking bays.

DermCo chief executive John O’Toole said it would offer urgent care, specialist dermatology services and other medical services.

A day procedure unit will cater to skin cancer surgery while a dermatology clinical trials unit will bring cutting-edge treatments to WA.

“With the addition of an urgent care clinic, pharmacy, pathology and other medical specialist services, this is set to become a world-class healthcare amenity for the local community,” he said.

The facility will be built on the last site in precinct, which was planned in 2010, when the WA Planning Commission endorsed a structure plan.

The first apartment site was released in 2012, with site works starting in the same year.