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CBRE - Victoria
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26-28 Chesterville Road Cheltenham, VIC 3192

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For Sale - Auction Wed 5 Jun

26-28 Chesterville Road Cheltenham, VIC 3192

Medical & Consulting
Sale Price

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Land area

1200.0m²

Floor area

551.0m²

Tenure type

Tenanted Investment

Auction

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PREMIUM FREESTANDING DAY HOSPITAL INVESTMENT LEASED TO CURA GROUP

  • 10+10 year lease
  • Leased to National Operator 22 locations
  • Opposite Westfield Southland SC
OVERVIEW
 
+ Renewed 10 year lease to Cura Day Hospital to 2029 plus options to 2039

+ Tenant backed by global powerhouse healthcare provider Fresenius Medical Care with revenue exceeding $25m in 2018

+ Annual income of $288,000 pa*+ GST & outgoings with annual rental increases

+ Highly capital intensive fit out with seventeen (17) on-site car spaces

+ Substantial building area of 551sqm* with close to 1,200sqm* of land  PLUS onsite parking
 
LOCATION
 
+ Positioned directly opposite Westfield Southland – One of Victoria’s largest shopping centres with near $850,000,000 in retail sales annually

+ Within walking distance to public transport including, Southland railway station and the Radcliffe Avenue bus interchange

+ Located 19km* south-east of the CBD and is a major residential commercial and industrial centre for Melbourne's south. The commercial focus of the suburb is based around the neighbouring Westfield Southland Shopping Centre and the Cheltenham railway station

26-28 Chesterville Road will be sold via boardroom auction on the 6th of June at 2:30pm CBRE MELBOURNE OFFICE

Josh Twelftree                                                                          
+61 452 524 985                              

Jimmy Tat  
+61 439 399 188     

Sandro Peluso  
+61 418 389 757              


*approx

We are using a new group to display our auctions live and we just want people to know.
 
Can’t attend the auction? No problem, you can still participate online! You can watch and even bid at this auction online using the Anywhere Auctions website and app. Contact us to find out more.

Property ID: 503173938Last Updated: 23 May 2019

CBRE - Victoria
26-28 Chesterville Road
Cheltenham, VIC 3192
Josh Twelftree
Jimmy Tat
Sandro Peluso

CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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CBRE - Victoria

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CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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Josh Twelftree

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Josh Twelftree
CBRE - Victoria
26-28 Chesterville Road Cheltenham, VIC 3192

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

Kind Regards,

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