37 Mitford Street, Elwood, Vic 3184_Property for Sale
37 Mitford Street, Elwood, Vic 3184_Property for Sale
37 Mitford Street, Elwood, VIC, 3184, AU

37 Mitford Street, Elwood, Vic 3184

Asset Description

JLL Healthcare & Life Sciences has the exclusive privilege of offering for sale the St Kilda South Medical Centre & Day Hospital – featuring a brand new lease to a longstanding operator of more than 35 years.

 

Key details of the opportunity include:

+ Established healthcare investment with new leases to a long-term medical operator

+ Long-term Medical Centre operator with 35 + years of trading experience

+ Underpinned by new five-year leases plus further options until 2043

+ Current net rental of $385,455 per annum* + GST & Outgoings with annual rental increases

+ Medical Centre and Day Hospital totalling 418sqm* of floor area

+ Prestigious corner landholding of 822sqm* with combined frontage of 63 metres*

+ Prized residential location in the heart of Melbourne’s Bayside region

+ Positioned neighbouring the Alfred Medical Precinct catchment – Melbourne’s leading medical research & education hub, with Masada Private Hospital, Caulfield and The Avenue Hospital all within close proximity

+ Conveniently located moments away from St Kilda Botanical Gardens, Luna Park, Acland Street and St Kilda Beach


*Approx.

 

St Kilda South Medical Centre and Day Hospital

is For Sale by International Expressions of Interest closing Friday 2 June 2023 at 2pm (AEST).

 

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

 

Mark Stafford | 0404 401 053

Nick Peden | 0402 011 266

Simon Quinn | 0409 261 276

Mingxuan Li | 0498 688 998

...

Attributes

Building area Gross
1 m²
Occupancy
1.00%
Year built
1

Media

Investment Highlights


·      Longstanding tenant of more than 35 years

·      Underpinned by brand new leases

·      Exclusive & high exposure Bayside corner

37 Mitford Street, Elwood, Vic 3184 4_Property for Sale
37 Mitford Street, Elwood, Vic 3184 4_Property for Sale

Contact brokers

37 Mitford Street, Elwood, Vic 3184 (0 Properties)

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Last updated
3 May 2023