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CBRE - Melbourne

241 Dandenong Road Windsor, VIC 3181

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241 Dandenong Road,
Windsor, VIC 3181

Medical & Consulting • Offices • Other

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CBRE - Melbourne
Jimmy Tat
Sandro Peluso
Marcello Caspani-Muto

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
241 Dandenong Road
Windsor, VIC 3181

Map of 241 Dandenong Road

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AN ICONIC OPPORTUNITY TO OCCUPY OR VALUE ADD IN THE CITY OF STONNINGTON – A FLAGSHIP MUNICIPALITY

  • Highly Valuable Existing Improvements
  • Building area of 2,296sqm*
  • Offered with Vacant Possession
CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 241 Dandenong Road, Windsor – A highly regarded former residential Aged Care home suited to a wide range of end users including occupiers, investors and more.

OVERVIEW

+ Blue-chip and highly regarded former residential Aged Care facility with 60 beds (all single rooms with en-suite) maintained to the highest of standards and ready for immediate occupation

+ Existing 3 level building envelope with a potential built form to exceed this as per independent planning advice (STCA)

+ Projected fully leased income of $570,000p.a* plus

+ Substantial landholding of 1,704sqm* - One of the largest land parcels offered in the City of Stonnington in recent times

+ Existing building area of 2,296sqm* (RACF) offered with vacant possession

+ High exposure location with 25m* frontage to Dandenong Road / Princes Highway with 34,000+* vehicles passing daily

+ Well suited to a variety of outcomes including, Residential Aged Care, Supported Residential Services, Land banking, NDIS Accommodation, Healthcare and more (STCA)

LOCATION

+ Blue-chip location within one of Australia’s most desirable municipalities plus favourable Residential Growth Zoning

+ Strong underlying land value with the City of Stonnington featuring a median house price exceeding $2,000,000*

+ Ideally positioned within immediate proximity to the Iconic Windsor/St Kilda Healthcare precinct featuring The Avenue Hospital, Windsor Private Hospital, Cabrini Hospital, Masada Private Hospital and The Alfred

+ A stone's throw to dense retail and educational amenity including, St Mary’s School, King David School, Coles, Woolworths and the Chapel Street and Williams Road retail strips

EXPRESSIONS OF INTEREST CLOSED - OFFERS UNDER REVIEW

Contact below to register for inspection:

Sandro Peluso
+61 418 389 7...

Marcello Caspani-Muto
+61 417 065 7...

Jimmy Tat
+61 439 399 1...

approx*

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Property ID: 503979330Last Updated: 23 Mar 2022

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