NEST Family Clinic, 289-291 Kooyong Road,
Elsternwick, VIC 3185
Medical & Consulting • Shops & Retail • Development Sites & Land
Key property information
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Floor area
Property extent
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Sold on
CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
NEST Family Clinic, 289-291 Kooyong Road
Elsternwick, VIC 3185
Map of NEST Family Clinic, 289-291 Kooyong Road
Strategic Elsternwick Medical Clinic with Brand New 15 Year Lease
- Brand new 15 year lease on net terms
- Multi-disciplinary health clinic
- 1,340 sqm* site with 22 car spaces
Brand new 15 year lease plus options secured by 6 month bank guarantee.
Multi-disciplinary medical clinic, established on site for 10 years.
Irreplaceable permit for 365 day trade and 17 medical practitioners.
1,340sqm* Kooyong Rd corner site directly opposite Caulfield Hospital with 22 car spaces.
Set-and-forget, net lease terms with the tenant responsible for council rates, water rates, building insurance, public liability insurance, repairs and maintenance.
Annual fixed 3% rent increases provide strong and certain growth.
57% of year 1 rent potentially tax free (1) after recent state-of-the-art, $1.6 million upgrade and extension.
11% forecast population growth by 2036 (2) and median family income 32% above the national average (3).
Net Income: $474,554 pa* + GST
To be Sold by Investment Portfolio Auction
10.30am AEST Wednesday 14 September 2022
*Approx
1. JM Advisory
2. .id
3. ABS
Multi-disciplinary medical clinic, established on site for 10 years.
Irreplaceable permit for 365 day trade and 17 medical practitioners.
1,340sqm* Kooyong Rd corner site directly opposite Caulfield Hospital with 22 car spaces.
Set-and-forget, net lease terms with the tenant responsible for council rates, water rates, building insurance, public liability insurance, repairs and maintenance.
Annual fixed 3% rent increases provide strong and certain growth.
57% of year 1 rent potentially tax free (1) after recent state-of-the-art, $1.6 million upgrade and extension.
11% forecast population growth by 2036 (2) and median family income 32% above the national average (3).
Net Income: $474,554 pa* + GST
To be Sold by Investment Portfolio Auction
10.30am AEST Wednesday 14 September 2022
*Approx
1. JM Advisory
2. .id
3. ABS
Elsternwick, 3185 demographic data
The median household income for Elsternwick is $2,209, 16% higher than Greater Melbourne's household income of $1,901. Elsternwick has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 47% of property owners in Elsternwick have a mortgage.
10,887
Population
$2,209 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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