77-97 Ricketts Road, Mount Waverley

77-97 Ricketts Road, Mount Waverley, VIC, 3149, AU

Description

JLL and CBRE are pleased to present a 100% freehold interest in 77-97 Ricketts Road, Mount Waverley, part of the Core Life Science Portfolio, a defensive long-WALE offering comprising two high quality facilities located in Melbourne and Brisbane.

77-97 Ricketts Road, Mount Waverley is a renovated life science facility in an established technology precinct in Melbourne’s south east. The facility is the headquarters of Paragon Care (ASX:PGC), a leading medical equipment supplier, offering a highly secure lease profile that provides a strong foundation for long-term growth.

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Attributes

Tenants

Paragon Care Group Australia

Total Annual Rent

₫43,753,280,682.51

Remaining Lease Term

10.5 years

Call for offers

24/06/2026

Media

Investment Highlights

Long WALE of 10.5 years to ASX-listed Paragon Care Group Australia, accounting for 91% of lettable area.
Substantial 1.52-hectare freehold landholding with ~140m prominent frontage to Ricketts Road.
Located within Melbourne’s only dedicated life science precinct, underpinned by proximity to Monash University and Synchrotron
Specialised infrastructure designed for Paragon Care’s operations, reinforcing long-term tenure likelihood.
Direct access to the Monash Freeway (M1), located just 500m from the site.

The Core Life Science Portfolio is being offered for sale individually or in-one-line via an Expressions of Interest Campaign closing at 3:00 PM (AEST) Thursday, 25th June 2026. For a copy of the information memorandum or to arrange an inspection, please contact the appointed sales agents at JLL and CBRE.