
RPAH Medical Centre
100 Carillon Avenue, Newtown, NSW, 2042, AU
7,183 ㎡
JLL is pleased to offer for sale Tarnbuk Centre at 411 Nepean Hwy, Frankston VIC.
A modern mental health facility positioned in the heart of Melbourne’s most prominent activity centre in the southeastern suburbs, secured by a government-backed lease profile
• Government-backed and secure operator with over 84+ years’ of experience servicing the local community.
• Current net income of $642,578 per annum* and Outgoings with annual 3.00% increases.
• 4.1-year Weighted Average Lease Expiry (WALE) by income.
• Modern, three-level mental health outpatient centre totalling 1,577sqm*.
• High exposure location with frontage to Nepean Highway.
• Purpose-built and specifically tailored to meet the needs of Peninsula Health and the local community.
• Strategic corner in prominent Activity Centre, providing long term development upside potential with 38 metre preferred height limit (STCA)
• Supporting demographics of the broader Mornington Peninsula Region driving healthcare services.
411 Nepean Hwy, Frankston is for sale Expressions of Interest (EOI) closing Wednesday 16th April 2025 at 2:00pm (AEST).
To obtain further information or to arrange an inspection, please contact the exclusive JLL selling agents.
Simon Quinn - 0409 261 276
Thomas Thorsen – 0488 444 022
Mark Stafford – 0404 401 053
*Approx.