401 BLACKBURN ROAD, Mount Waverley, Vic 3149

parkingSpaces 44
|Medical/Consulting
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Published on: 04 Oct 2024
Last updated on: 20 Nov 2024
401 BLACKBURN ROAD, Mount Waverley, Vic 3149
401 BLACKBURN ROAD, Mount Waverley, Vic 3149
401 BLACKBURN ROAD, Mount Waverley, Vic 3149
+35
401 BLACKBURN ROAD, Mount Waverley, Vic 3149
  • 35
Property ID: 504704948
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Key property information

Land Size
3,169.00 m2
Floor Area
1,467.00 m2
Parking Spaces
44
Tenure Type
tenanted
Return on Investment
5

Medical Centre - Prime Investment Opportunity: 98% Leased

401 BLACKBURN ROAD, Mount Waverley, Vic 3149
Expression of Interest Closing 29 November
This is a rare freehold opportunity to invest in a fully operational and highly profitable medical centre located in a high-growth area. The property is 98% leased, ensuring a steady income stream from day one.
* Multiple Income Streams from 7 current tenants generating $777,216 plus gst per annum, which represents 98% occupancy
* Fully let occupancy is projected to be around $830,000 per annum excluding GST
* 44 on site car parks
* Modern state of the art fitout
* Large, prominent land holding in affluent Mount Waverley
* Multiple access points from Blackburn Road and Pinewood Drive
* Open 7am to midnight, 7 days a week

Nearby Hospitals:

Monash Medical Centre
Victorian Heart Hospital
Waverley Private Hospital
South Eastern Private Hospital


Local Amenities:

* Waverley Family Healthcare: A leading multi-disciplinary medical centre providing high-quality family medical care.
* Allied health and specialist doctors
* healthSAVE Pharmacy: Located at 401 Blackburn Road, providing a wide range of health products and services.
* Pinewood Shopping Centre: Just a short walk away, offering a variety of shops, cafes, and services (and extra car parking)


Commercial Bureau Real Estate in conjunction with Westminster Property Partners

Please feel welcome to call us with any queries.

Property Details

Basic Info

Property Type
Medical/Consulting
Listing Status
On Market
Parking Spaces
44
Land Size
3,169.00 m2
Address
401 BLACKBURN ROAD, Mount Waverley, Vic 3149

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Gideon Marcus
Gideon Marcus
Suite 2, Level 4/20 Collins Street, Melbourne, Vic 3000
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Gideon Marcus
Gideon Marcus
Suite 2, Level 4/20 Collins Street, Melbourne, Vic 3000
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      Property ID: 504704948

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