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Savills - Melbourne

43-45 Herbert Street Parkdale, VIC 3195

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43-45 Herbert Street,
Parkdale, VIC 3195

Medical & Consulting • Hotel & Leisure • Shop & Retail

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Sale - Expression of Interest

Under Contract

Key property information

Land area

Floor area

Property extent

Tenure type

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Savills - Melbourne
43-45 Herbert Street
Parkdale, VIC 3195
Savills - Melbourne
Julian Heatherich
Benson Zhou
Mark Stafford

Savills - Melbourne

Level 48, 80 Collins Street
MELBOURNE, VIC 3000

Map of 43-45 Herbert Street

Directions
  • Train stations within 5 km of 43-45 Herbert Street, Parkdale, VIC 3195Distance
    Parkdale Station392 m
    Mordialloc Station1.4 km
    Mentone Station1.9 km
    Cheltenham Station3.9 km
    Aspendale Station4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 43-45 Herbert Street, Parkdale, VIC 3195Distance
    Parkers Rd/Beach Rd (Parkdale)333 m
    Monaco St/Beach Rd (Parkdale)367 m
    Parkdale Railway Station/Parkers Rd (Parkdale)398 m
    Parkdale Railway Station/Como Pde East (Parkdale)415 m
    McIndoe Pde/Beach Rd (Parkdale)533 m
    POWERED BY HERE ©
POWERED BY HERE ©

First Class Bayside Aged Care Investment

  • 15 Year Lease Plus Options
  • $517,000pa* + GST and Outgoings
  • Land Tax Exempt Property
Savills in conjunction with Amicum are pleased to offer for sale this premium Aged Care investment, located at 43 – 45 Herbert Street, Parkdale. Underpinned by a triple net lease and premium bayside landholding the property provides a truly high quality investment opportunity.

The key attributes of this premium bayside investment include:

• High quality 60 bed Aged Care Home
• 15 year lease with two further 5 year options
• Current net rental of $517,000 per annum + GST and outgoings
• Land Tax Exempt property
• High quality building of 1,960sq m*
• Significant bayside landholding of 2,004sqm*
• General Residential Zone 2 (GRZ2)
• Prime position 400m from Parkdale Beach
• Surrounded by an abundance of amenity in nearby Mentone and Mordialloc, including full line supermarkets, prestigious schools, public transport and public open spaces

Under Contract

The opportunity to secure a high quality and proven aged care investment is extremely rare, especially when you consider the location, quality of the tenant, and the underlying land content. Accordingly we encourage prospective purchasers to actively consider this blue-chip investment opportunity.

Savills Agents:
Julian Heatherich 0412 995 655
Mark Stafford 0404 401 053
Benson Zhou 0458 488 888

Amicum Agents:
John Newman 0418 313 523
Glen O'Brien 0431 602 978
Phil Kadletz 0413 548 174

*Approx.

Property ID: 503568634Last Updated: 16 Jul 2020

Agency contacts

Savills - Melbourne
Savills - Melbourne
Level 48, 80 Collins Street
MELBOURNE, VIC 3000
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Julian Heatherich

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Julian Heatherich
Savills - Melbourne
43-45 Herbert Street Parkdale, VIC 3195

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

Kind Regards,

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