McKinley Medical Centre, 433-435 Police Road, Mulgrave_Property for Sale
McKinley Medical Centre, 433-435 Police Road, Mulgrave_Property for Sale
433-435 Police Road, Mulgrave, VIC, 3170, AU

McKinley Medical Centre, 433-435 Police Road, Mulgrave

Asset Description

JLL Healthcare & Life Sciences has the exclusive privilege of offering for sale this established essential service investment being the McKinley Medical Centre in Mulgrave.

 

Key details of the opportunity include:


+Single level medical investment of 466sqm with modern fit out

+ 5 + 5-year lease until 2032

+ Leased to established and long-term operator with 45 years’ experience in the community

+ Current net rental of $189,000pa + GST and Outgoings

+ Benefiting from annual CPI rental increases, with next increase due in July-2023

+ Significant underlying land content of 2,159sqm*

+ 32 at grade car spaces providing ample parking for patients

+ Easily accessible centre with main road frontage to Police Road

+ Convenient position just moments from major arterials Monash Freeway and Eastlink

+ Strategically positioned 800m* from Mulgrave Private Hospital

+ Ideally located 1km from Waverly Gardens Shopping Centre

+ The Australian healthcare industry continues to grow, as reliance on the sector from the community increases

+ Australian healthcare expenditure accounts for c 9.3% of national GDP, equivalent to an annual spend of $6,661 per person. ^

 

^AIHW

EOI NOW CLOSED - OFFERS UNDER REVIEW

 

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



Mark Stafford | 0404 401 053

MingXuan Li 李名  | 0498 688 998

...

Attributes

Building area Net
520 m²
Occupancy
1.00%
Year built
1900

Media

Investment Highlights

  • 5 + 5 Lease until 2032
  • Operator with 45 years’ experience
  • Annual CPI rental increase due in July


McKinley Medical Centre, 433-435 Police Road, Mulgrave 4_Property for Sale
McKinley Medical Centre, 433-435 Police Road, Mulgrave 4_Property for Sale

Contact brokers

McKinley Medical Centre, 433-435 Police Road, Mulgrave (0 Properties)

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Last updated
24 May 2023