Healthcare

677 Boronia Road, Wantirna

677 Boronia Road, Wantirna, VIC, 3152, AU

677 Boronia Road, Wantirna_Property for Sale

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677 Boronia Road, Wantirna 2_Property for Sale

Asset description

JLL Melbourne has the exclusive privilege of offering for sale this prominent freehold investment located at 677 Boronia Road, Wantirna. 


Key details of the opportunity include:


+ High exposure, 715sqm* two-level freehold asset 

+ Leased to Government supported NDIS & aged-care services provider - Morcare Services (one of only 22 registered NDIS providers in Victoria)

+ Morcare Services has almost 30 years of experience providing services to Victorian residents

+ Renewed 3 + 3 year lease until December 2028

+ Net income of $212,000 per annum + GST & Outgoings, including Land Tax (as at Dec-22)

+ Strong fixed 3% annual increases 

+ High exposure frontage of 20m* to Boronia Road with 18,000* passing vehicles daily^

+ Significant underlying landholding of 1,052sqm* 

+ 28 secure undercover car spaces 

+ Flexible Commercial 1 Zone 

+ Strategically positioned opposite the $900m bipartisan supported Wantirna Health Precinct (WHP) and Knox Private Hospital

+ Well located just moments from Eastlink providing access to greater Melbourne 


*Approx.

^ Vicroads


EOI NOW CLOSED.


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


Mark Stafford | 0404 401 053

Jesse Radisich | 0402 085 702

Tim Carr | 0415 767 915

MingXuan Li 李名轩 | 0498 688 998

Attributes

Building area gross
7,696 sf
Occupancy
100.00%
Year built
0

Investment highlights

  • High Exposure 715sqm* Building 
  • Leased to NDIS Provider
  • Tenant pays Land Tax
677 Boronia Road, Wantirna 4_Property for Sale
677 Boronia Road, Wantirna 4_Property for Sale

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Last updated
Nov 30, 2022