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148 Logis Boulevard, Dandenong South, VIC, 3175

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148 Logis Boulevard, Dandenong South, VIC, 3175

148 Logis Boulevard, Dandenong South, VIC, 3175

Properties / Sold / Victoria / Dandenong South
Tenanted Investment

1. Property Summary

Selling Method
SOLD
Selling Details
SOLD
Land Area
639 m² (*approx)
Floor Area
639 m² (*approx)
Property Type
Child/Healthcare, Retail, Industrial
Sub-type
Health Care & Medical, Mixed Use, Consulting Rooms
Terms
Brand new lease with options until 2039
Est. Income
$249,525 p/a
Fully Leased
Sonic HealthPlus
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2. Property Highlights

SOLD BY JLL
  • Rare Triple Net Lease
  • Wholly Owned ASX Subsidiary
  • Brand New Tenancy

JLL Melbourne has the exclusive privilege of offering for sale this prized and affordable healthcare investment, Sonic HealthPlus in Dandenong South

Key details of the opportunity include:
+ Brand new lease with options until 2039
+ Leased to Sonic HealthPlus a wholly owned subsidiary of global healthcare operator Sonic Healthcare (SHL) – Australia’s 3rd largest healthcare company with $8.2Bn in revenue in 2023.
+ Current net income of $249,525per annum + GST & outgoings
+ Strong fixed rental growth of 3.5% per annum
+ Rare triple net lease structure with tenant responsible for all outgoings including land tax (single holding), repairs and maintenance, insurances, owner’s corporation fees, insurances and management fees
+ Ideal 639sqm* ground floor position within the brand new development
+ High exposure corner position with 23 associated car parks
+ Rising utilisation of healthcare services due to increased government funding which is focused on making healthcare more affordable and accessible
+ Australia spent an estimated $241.3 billion on health goods and services in 2020 – 2021 – this is an average of approximately $9,365 per person ^

*Approx.
^ Trade Area Analysis Report 2021

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

Mark Stafford | 0404 401 053
Tim Carr | 0415 767 915
Mingxuan Li 李名轩 | 0498 688 998

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Child/Healthcare, Retail, Industrial
Sub-type
Health Care & Medical, Mixed Use, Consulting Rooms
Est. Income
$249,525 p/a
Tenant
Sonic HealthPlus
Terms
Brand new lease with options until 2039
Land Area
639 m² (*approx)
Floor Area
639 m² (*approx)
Selling Method
SOLD
Selling Details
SOLD

2. Property Highlights

SOLD BY JLL
  • Rare Triple Net Lease
  • Wholly Owned ASX Subsidiary
  • Brand New Tenancy

JLL Melbourne has the exclusive privilege of offering for sale this prized and affordable healthcare investment, Sonic HealthPlus in Dandenong South

Key details of the opportunity include:
+ Brand new lease with options until 2039
+ Leased to Sonic HealthPlus a wholly owned subsidiary of global healthcare operator Sonic Healthcare (SHL) – Australia’s 3rd largest healthcare company with $8.2Bn in revenue in 2023.
+ Current net income of $249,525per annum + GST & outgoings
+ Strong fixed rental growth of 3.5% per annum
+ Rare triple net lease structure with tenant responsible for all outgoings including land tax (single holding), repairs and maintenance, insurances, owner’s corporation fees, insurances and management fees
+ Ideal 639sqm* ground floor position within the brand new development
+ High exposure corner position with 23 associated car parks
+ Rising utilisation of healthcare services due to increased government funding which is focused on making healthcare more affordable and accessible
+ Australia spent an estimated $241.3 billion on health goods and services in 2020 – 2021 – this is an average of approximately $9,365 per person ^

*Approx.
^ Trade Area Analysis Report 2021

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

Mark Stafford | 0404 401 053
Tim Carr | 0415 767 915
Mingxuan Li 李名轩 | 0498 688 998

Read More
Tenanted Investment

3. Property Location

148 Logis Boulevard, Dandenong South, VIC, 3175

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