19 Manchester Road, Mooroolbark, VIC, 3138

Gross Waddell ICR, with First Valuations Group acting as Transaction Manager, are pleased to offer this thriving eastern suburb medical centre investment, securely leased to a subsidiary of an internationally acclaimed medical organisation. This trophy investment is underpinned by a long-standing medical occupation, internationally recognised tenant profile and strong income returns.

• Well established and highly reputable medical centre with leases to 2036

• Purpose built medical centre offering a fully accredited GP medical clinic and pathology over 770 sqm* of building

• Significant income profile $426,431.10 net per annum* with fixed annual increases

• Tenant is a subsidiary of an international medical organisation, Qualitas Health, a global leader in primary healthcare with a network spanning 351 healthcare facilities across the Asia Pacific

• Super prime corner landholding of 2,074 sqm* with an unprecedented street exposure of 120 m* to Manchester Road and Mount View Parade

• Situated in the heart of a bustling retail and commercial precinct of Mooroolbark, metres to Mooroolbark train station, Coles and a plethora of amenity

• Strong local catchment with high demand for services in the local Yarra Ranges municipality, with an over-representation in residents aged 50 + years

• Booming healthcare industry driven by population growth, aging population and longer life expectancy

The property is for sale via an Expressions of Interest closing at 12:00 pm on Friday the 28th of February 2025. For further information or to organise a tour of the facility, please contact the team at Gross Waddell ICR directly.

*approx.

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