522 GLENFERRIE ROAD, HAWTHORN

CBRE Victorian Health, Aged & Child Care are delighted to present for sale Glenferrie Hill Medical Centre. This outstanding Freestanding Medical Investment with future development potential (STCA) in Hawthorn, presents purchasers a fantastic opportunity in this tightly held inner eastern location.

Glenferrie Hill Medical Centre is positioned near the prominent corner of Glenferrie and Riversdale Roads and has been in continuous operation for over 30 years.

The difficulty in acquiring property with such a strong lease covenant is not to be underestimated, not to mention the fact that this property boasts;

- Leased to Primary Health Care Limited (ASX listed)- Company employs around 11,920 people

- Substantial building area of 195sqm* with 483sqm* of prime Hawthorn land PLUS onsite parking

- Current income of $106,800 pa plus ALL outgoings (including land tax) and GST

- Positioned on one of Melbourne's busiest suburban retail shopping strips, Glenferrie Road. Surrounded by premium amenity and within walking distance to Hawthorn Station

- Excellent location in close proximity to world class internationally renowned Swinburne University

- Outstanding access to the Monash and Eastern freeways providing direct access to Melbourne CBD in just 7km*

- Superbly situated within Melbourne's elite Private School belt featuring Camberwell Grammar; Scotch College; MLC and Carey Grammar

For Sale via Public on-site Auction on Thursday 13th October at 12:30pm.

Josh Twelftree
+61 452 524 985

Sandro Peluso
+61 418 389 7...

*approx