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CBRE - Victoria

169 & 171 Stud Road Wantirna South, VIC 3152

169 & 171 Stud Road,
Wantirna South, VIC 3152

Medical & Consulting • Offices • Other

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Sale - Tender

FOR SALE VIA TENDER

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CBRE - Victoria
169 & 171 Stud Road
Wantirna South, VIC 3152
CBRE - Victoria
Marcello Caspani-Muto
Josh Twelftree
Sandro Peluso
Jimmy Tat

CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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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*
CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 169 & 171 Stud Road, Wantirna South – Corner freestanding multi-level healthcare investment with significant rent reversion, bolstered by a rare medical permit.

+ 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

Josh Twelftree
+61 452 524 985

Jimmy Tat
+61 439 399 118

Marcello Caspani-Muto
+61 417 065 777

Sandro Peluso
+61 418 389 757

*approx

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Property ID: 503667566Last Updated: 17 Oct 2020

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CBRE - Victoria
CBRE - Victoria
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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Marcello Caspani-Muto

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Marcello Caspani-Muto
CBRE - Victoria
169 & 171 Stud Road Wantirna South, VIC 3152

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I’m interested in this property. Could you please provide me with more information.

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