
Unit 3, 20 Commercial Road,
Melbourne, VIC 3004
Medical & Consulting • Shops & Retail
Key property information
Floor area
Zoning
Tenure type
Sold on
Fitzroys - Melbourne
Level 27, 360 Collins StreetMELBOURNE, VIC 3000

Unit 3, 20 Commercial Road
Melbourne, VIC 3004
Map of Unit 3, 20 Commercial Road
HIGH YIELD MEDICAL INVESTMENT – BRAND NEW 4 YEAR LEASE
- Subsidiary Tenant of Healthia Ltd
- Opposite Alfred Hospital
- Tenant Pays Land Tax
Fitzroys is delighted to offer this prime medical investment located opposite the Alfred Hospital with the benefit of a new lease to a subsidiary tenant of Healthia Limited for sale via Expressions of Interest closing Wednesday 26th of November at 3pm.
The premises is uniquely located at the front ground floor of the Greenview mixed use development and includes an exclusive front courtyard and basement car parking.
The key attributes of this prime investment include:
- Conveniently located within an established medical precinct and close to Fawkner Park, St Kilda Road, Albert Park Lake and excellent transport options
- New 4 year lease from October 2025 to Extend Rehab Pty Ltd - subsidiary of Healthia Limited and Guarantor to lease
- Healthia is Australia and New Zealand’s largest allied health network with well over 400 clinics offering healthcare services including physiotherapy, podiatry, hand therapy, exercise physiology, occupational therapy, optometry and audiology
- Improvements comprise of light and bright consulting rooms with staff amenities and end of trip facilities included
- Established business since 2021
- 2 secure on title basement car parks
- Excellent exposure with direct access to Commercial Road Tram Services 3, 5, 6 and 72 within walking distance
Unit 3, 20 Commercial Road Melbourne provides an outstanding opportunity for the astute investor looking to acquire an attractive high yield medical investment leased to an established tenant located opposite the Alfred Hospital.
For further information or an inspection, please contact Fitzroys exclusive selling agents Mark Talbot and Lewis Waddell.
*Approx.
The premises is uniquely located at the front ground floor of the Greenview mixed use development and includes an exclusive front courtyard and basement car parking.
The key attributes of this prime investment include:
- Conveniently located within an established medical precinct and close to Fawkner Park, St Kilda Road, Albert Park Lake and excellent transport options
- New 4 year lease from October 2025 to Extend Rehab Pty Ltd - subsidiary of Healthia Limited and Guarantor to lease
- Healthia is Australia and New Zealand’s largest allied health network with well over 400 clinics offering healthcare services including physiotherapy, podiatry, hand therapy, exercise physiology, occupational therapy, optometry and audiology
- Improvements comprise of light and bright consulting rooms with staff amenities and end of trip facilities included
- Established business since 2021
- 2 secure on title basement car parks
- Excellent exposure with direct access to Commercial Road Tram Services 3, 5, 6 and 72 within walking distance
Unit 3, 20 Commercial Road Melbourne provides an outstanding opportunity for the astute investor looking to acquire an attractive high yield medical investment leased to an established tenant located opposite the Alfred Hospital.
For further information or an inspection, please contact Fitzroys exclusive selling agents Mark Talbot and Lewis Waddell.
*Approx.
Melbourne, 3004 demographic data
54,941
Population
$1,448 per week
Median household income
29 years
Median age
Renters
Most residents
Singles
Most households
Fitzroys - MelbourneLevel 27, 360 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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