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CBRE - Victoria
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368 Tooronga Road Hawthorn, VIC 3122

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368 Tooronga RoadHawthorn, VIC 3122

Medical & Consulting
Sold Price

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Land area

520.0m²

Floor area

147.0m²

Tenure type

Tenanted Investment

Sold on

29 Aug 2019

BLUE CHIP DENTAL FACILITY IN ELITE HAWTHORN EAST

  • Premium dental investment
  • 20+ year trading history
  • Elite location
CBRE’s Specialist Healthcare and Social Infrastructure team are delighted to present for sale this premium Hawthorn East medical centre. A unique opportunity to secure a long term dental investment within one of Melbourne’s top performing suburbs coupled with dual street and main road frontage.
 
Key attributes of this outstanding medical investment property include;


+ Long lease term of 10 years + options to highly reputable tenant Smile Designs Dental with 20+ years’ history and a large patient base

+ Premium dental clinic investment with irreplaceable dual street frontage of 43m* and moments from the highly trafficked Toorak and Tooronga Roads intersections

+ Located within one of Melbourne’s most elite suburbs with average household income 52.5% above the state average

+ Returning $78,300 with annual 3% increases from March 2020 providing strong income growth prospects

+ Very rare Tooronga Road medical permit with extremely limited opportunities in the immediately surrounding area servicing the surrounding white collar workforce and some of the country's most reputable private schools

+ Surrounded by parklands, retail and transport amenity while providing access to the Melbourne CBD via the Monash Freeway

FOR SALE VIA PUBLIC ON-SITE AUCTION THURSDAY 29TH AUGUST 2019 AT 12.30PM

Marcello Caspani-Muto
+61 417 065 777

Josh Twelftree
+61 452 524 985

Jimmy Tat
+61 439 399 118

Sandro Peluso
+61 418 389 757

TRANSACTION MANAGED BY:
Appel Property, Ben Appel
+61 419 947 504

*approx

Property ID: 503275838Last Updated: 13 Sep 2019

CBRE - Victoria
368 Tooronga Road
Hawthorn, VIC 3122
Josh Twelftree
Sandro Peluso
Marcello Caspani-Muto
Jimmy Tat

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
368 Tooronga Road Hawthorn, VIC 3122

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

Kind Regards,

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