148 Logis Boulevard, Dandenong South_Property for Sale
148 Logis Boulevard, Dandenong South_Property for Sale
148 Logis Boulevard, Dandenong South, VIC, 3175, AU

148 Logis Boulevard, Dandenong South

Asset description

JLL Melbourne has the exclusive privilege of offering for sale this prized and affordable healthcare investment, Sonic HealthPlus in Dandenong South


Key details of the opportunity include:

+ Brand new lease with options until 2039

+ Leased to Sonic HealthPlus a wholly owned subsidiary of global healthcare operator Sonic Healthcare (SHL) – Australia’s 3rd largest healthcare company with $8.2Bn in revenue in 2023.

+ Current net income of $249,525per annum + GST & outgoings

+ Strong fixed rental growth of 3.5% per annum

+ Rare triple net lease structure with tenant responsible for all outgoings including land tax (single holding), repairs and maintenance, insurances, owner’s corporation fees, insurances and management fees

+ Ideal 639sqm* ground floor position within the brand new development

+ High exposure corner position with 23 associated car parks

+ Rising utilisation of healthcare services due to increased government funding which is focused on making healthcare more affordable and accessible

+ Australia spent an estimated $241.3 billion on health goods and services in 2020 – 2021 – this is an average of approximately $9,365 per person ^


*Approx.

^ Trade Area Analysis Report 2021


Sonic HealthPlus Dandenong South is For Sale by Expressions of Interest closing Wednesday 21 August at 2pm (AEST)


To obtain further information or to arrange an inspection, please contact the exclusive selling agent.

...

Attributes

Building area net
100 sm
Year built
2023
Land area gross
100 sm

Media

Investment highlights

Mark Stafford | 0404 401 053

Tim Carr | 0415 767 915

Mingxuan Li 李名轩 | 0498 688 998

148 Logis Boulevard, Dandenong South 4_Property for Sale
148 Logis Boulevard, Dandenong South 4_Property for Sale

Contact brokers

148 Logis Boulevard, Dandenong South (0 Properties)

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Last updated
Jul 17, 2024