111-115 Plenty Road, Bundoora

JLL Healthcare & Life Sciences have the exclusive privilege of offering for sale this purpose-built healthcare investment I-Med Bundoora, at 111-115 Plenty Road, Bundoora.

Key details of this key social infrastructure asset include:

+ Leased to market-leading operator I-MED Radiology Network with over 230 clinics nationally

+ Established 570sqm* radiology clinic with at-grade car parking for 37 cars

+ Current net rent $285,407 per annum* + GST & Outgoings (as at 1 Jul 2024)

+ Annual fixed 5% rental increases

+ Well-established clinic with lease options until July 2030 and over 30 years of operating experience in the local community

+ Significant Residential Growth landholding of 2,299sqm*

+ Over 54 metres* of high profile frontage to Plenty Road providing optimal exposure with 40,000-45,000^ cars passing daily\

+ First time offered in 32 years!

+ Positioned moments away from Bundoora Square, unpinned by leading retailers including Woolworths, Coles, Australia Post, Chemist Warehouse and more

+ 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.

^ VicRoads

^^ Trade Area Analysis Report 2021

To obtain further information, please contact the exclusive selling agent.

Mark Stafford | 0404 401 053

Simon Quinn | 0409 261 276

MingXuan Li 李名 轩 | 0498 688 998