9-13 Flintoff Street (Greensborough Medical Centre and Day Hospital), Greensborough, Vic 3088

CBRE Australian Healthcare & Social Infrastructure is delighted to offer for sale 9-13 Flintoff Street, Greensborough (Greensborough Medical Centre and Day Hospital) via international expressions of interest.

Dominant freestanding 3 level healthcare investment leased to ASX listed Healius (ASX:HLS): Market cap ($1.05B) on a substantial landholding of 2,448sqm* with generous street frontage totaling 54m*.

The property is being offered for sale with a 15 year triple net lease until 2033 plus options to 2058, guaranteed by Healius Limited (ASX:HLS), one of the biggest medical services companies in Australia.

At the heart of a modern mixed-use precinct in Greensborough, 9-13 Flintoff Street is 17km northeast of Melbourne’s CBD. This area hosts a concentration of healthcare providers and retail amenity, such as Greensborough Plaza shopping centre, Diamond Valley Specialist Centre, WaterMarc, and Grace Villa Aged Care.

Overview:

+15 Year Triple net lease until 2033 plus options to 2058 guaranteed by Healius Limited (ASX:HLS), one of the biggest medical services companies in Australia

+Income of $2,234,123pa plus outgoings and GST

+Significant development potential for 7 + levels (STCA). Zoned Activity Centre

+Substantial landholding of 2,448sqm* with a combined frontage of 109m* across both laneway and main road frontages

+ Home to Australia’s Leading Healthcare providers – Forhealth, Lumus, Dorevitch and Adora Fertility + Day Hospital

+Operators backed by listed healthcare providers and private equity, BGH Capital, Liverpool Capital Partners and Healius Ltd

+Ample parking options with over 700* free spaces provided across council and train station options (all under 100m*). Additional parking is also forthcoming via new multi-deck options adjacent Greensborough Park and Ride (adding 100+ spaces)

+Modern improvements with a substantial bespoke conversion and renovation complete in 2017
 
Location:

+Surrounded by Approximately 400 businesses which operate within the Greensborough Town Centre hub

+Population for the City of Banyule is projected to increase by approximately 34,005 people, representing a growth of 26.69% by 2046

+Well connected to roadway and public transport amenity, including the new Greensborough train station (100m*) and Greensborough bus stop (80m*) servicing various suburbs. The new $250m* Hurstbridge line (under construction) allows access to the Melbourne CBD in under 25 minutes*

+Major health users in the vicinity include Medical One, Melbourne Pathology, Dorevitch Pathology, Austin Pathology and various independent clinics providing GP services, speech pathology, rehabilitation services, physiotherapy and NDIS care

+Situated between two major public hospitals being Northern Hospital Epping and Austin Hospital Heidelberg. Nearby Private hospitals include Northpark Private, la Trobe Private and Ramsay Northern Private

+New 100 space multi deck car park and bus exchange development next door allowing for improved access and parking

For sale via international expressions of interest closing Tuesday 29th October at 2:00pm (AEDT).

For further information, please contact the exclusive sale and marketing agents:

Sandro Peluso
+61 418 389 757

Marcello Caspani-Muto
+61 417 065 777

Jimmy Tat
+61 439 399 118

approx*