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JLL - Melbourne

677 Boronia Road Wantirna, VIC 3152

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677 Boronia Road,
Wantirna, VIC 3152

Medical & Consulting • Offices • Development Sites & Land

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JLL - Melbourne
MingXuan Li 李名轩
Tim Carr
Jesse Radisich
Mark Stafford

JLL - Melbourne

Level 40, 101 Collins Street
MELBOURNE, VIC 3000
JLL - Melbourne
677 Boronia Road
Wantirna, VIC 3152

Map of 677 Boronia Road

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PROUDLY SOLD BY JLL MELBOURNE

  • High Exposure 715sqm* Building
  • Leased to NDIS Provider
  • Tenant pays Land Tax
JLL Melbourne has the exclusive privilege of offering for sale this prominent freehold investment located at 677 Boronia Road, Wantirna.

Key details of the opportunity include:

+ High exposure, 715sqm* two-level freehold asset
+ Leased to Government supported NDIS & aged-care services provider - Morcare Services (one of only 22 registered NDIS providers in Victoria)
+ Morcare Services has almost 30 years of experience providing services to Victorian residents
+ Renewed 3 + 3 year lease until December 2028
+ Net income of $212,000 per annum + GST & Outgoings, including Land Tax (as at Dec-22)
+ Strong fixed 3% annual increases
+ High exposure frontage of 20m* to Boronia Road with 18,000* passing vehicles daily^
+ Significant underlying landholding of 1,052sqm*
+ 28 secure undercover car spaces
+ Flexible Commercial 1 Zone
+ Strategically positioned opposite the $900m bipartisan supported Wantirna Health Precinct (WHP) and Knox Private Hospital
+ Well located just moments from Eastlink providing access to greater Melbourne

*Approx.
^ Vicroads

PROUDLY SOLD BY JLL MELBOURNE

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Mark Stafford | 0404 401 0...
Jesse Radisich | 0402 085 7...
Tim Carr | 0415 767 9...
MingXuan Li 李名轩 | 0498 688 9...

Property ID: 504183443Last Updated: 18 Jan 2023

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