169 & 171 Stud Road,
Wantirna South, VIC 3152
FOR SALE VIA TENDER
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DOMINANT FREESTANDING MULTI-LEVEL HEALTHCARE INVESTMENT WITH RARE PERMIT ALLOWING UNLIMITED PRACTITIONERS
- No limit on number of practitioners
- Favourable corner land holding
- Potential fully let income $450,000pa*
+ Blue-chip healthcare investment with imposing & highly valuable existing improvements across four (4) storeys and connected via air bridge allowing seamless cross flow demand between tenancies
+ Current passing income of $220,000p.a* + GST diversified across multiple tenancies including, Eastern Dental group, Knox Health & Sport Clinic, Wantirna Osteopathy, Action Rehab, Melbourne Lymphedema and more
+ Significant rent reversion potential with a highly valuable and rarely seen uncapped medical permit with potential fully let income of $450,000p.a* + GST
+ Substantial underlying landholding of 1,560sqm*, favourably zoned Residential Growth and subject to no overlays
+ Dominant exposure across multiple frontages to Stud & Moonah Roads (48m* combined) plus 34 on-site car parks
+ Highly desirable location, close to public transport, Knox Grammar School and allowing outstanding access to Eastlink providing direct link to the Melbourne CBD (26km) and surrounds
+ A stones throw to Westfield Knox City Shopping Centre, providing a range of world class retailers, cafes and restaurants.
+ Positioned within a highly desirable healthcare location, within immediate proximity of both Knox Private Hospital (largest private hospital in East Victoria) and Wantirna Health.
FOR SALE VIA TENDER CLOSING THURSDAY 5TH NOVEMBER AT 2:00PM
+61 452 524 985
+61 439 399 118
+61 417 065 777
+61 418 389 757
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Property ID: 503667566Last Updated: 17 Oct 2020