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St Kilda South Medical Centre and Day Hospital, 37 Mitford Street, Elwood, VIC, 3184

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St Kilda South Medical Centre and Day Hospital, 37 Mitford Street, Elwood, VIC, 3184

St Kilda South Medical Centre and Day Hospital, 37 Mitford Street, Elwood, VIC, 3184

Properties / Sold / Victoria / Elwood
Tenanted Investment

1. Property Summary

Selling Method
SOLD
Selling Details
SOLD
Land Area
822 m² (*approx)
Floor Area
418 m² (*approx)
Property Type
Child/Healthcare
Sub-type
Health Care & Medical, Consulting Rooms
Terms
New five-year leases plus further options until 2043
Est. Income
$385,455 p/a
Fully Leased
St Kilda South Medical Centre and Day Hospital
Show All

2. Property Highlights

Established Bayside Healthcare Investment
  • Longstanding tenant of 35+ years
  • Underpinned by brand new leases
  • Exclusive & high exposure Bayside corner

JLL Healthcare & Life Sciences has the exclusive privilege of offering for sale the St Kilda South Medical Centre & Day Hospital – featuring a brand new lease to a longstanding operator of more than 35 years.

Key details of the opportunity include:
+ Established healthcare investment with new leases to a long-term medical operator
+ Long-term Medical Centre operator with 35 + years of trading experience
+ Underpinned by new five-year leases plus further options until 2043
+ Current net rental of $385,455 per annum* + GST & Outgoings with annual rental increases
+ Medical Centre and Day Hospital totalling 418sqm* of floor area
+ Prestigious corner landholding of 822sqm* with combined frontage of 63 metres*
+ Prized residential location in the heart of Melbourne’s Bayside region
+ Positioned neighbouring the Alfred Medical Precinct catchment – Melbourne’s leading medical research & education hub, with Masada Private Hospital, Caulfield and The Avenue Hospital all within close proximity
+ Conveniently located moments away from St Kilda Botanical Gardens, Luna Park, Acland Street and St Kilda Beach

*Approx.

St Kilda South Medical Centre and Day Hospital
is For Sale by International Expressions of Interest closing Friday 2 June 2023 at 2pm (AEST)

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

Mark Stafford | 0404 401 053
Nick Peden | 0402 011 266
Simon Quinn | 0409 261 276

JLL Asia Markets:
中文普通话咨询物业详情,请联系Mingxuan Li李名轩。 手机: 0498 688 998, 电子邮件: Mingxuan.Li@jll.com, 或微信WeChat ID: Mingxuanli777

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Child/Healthcare
Sub-type
Health Care & Medical, Consulting Rooms
Est. Income
$385,455 p/a
Tenant
St Kilda South Medical Centre and Day Hospital
Terms
New five-year leases plus further options until 2043
Land Area
822 m² (*approx)
Floor Area
418 m² (*approx)
Selling Method
SOLD
Selling Details
SOLD

2. Property Highlights

Established Bayside Healthcare Investment
  • Longstanding tenant of 35+ years
  • Underpinned by brand new leases
  • Exclusive & high exposure Bayside corner

JLL Healthcare & Life Sciences has the exclusive privilege of offering for sale the St Kilda South Medical Centre & Day Hospital – featuring a brand new lease to a longstanding operator of more than 35 years.

Key details of the opportunity include:
+ Established healthcare investment with new leases to a long-term medical operator
+ Long-term Medical Centre operator with 35 + years of trading experience
+ Underpinned by new five-year leases plus further options until 2043
+ Current net rental of $385,455 per annum* + GST & Outgoings with annual rental increases
+ Medical Centre and Day Hospital totalling 418sqm* of floor area
+ Prestigious corner landholding of 822sqm* with combined frontage of 63 metres*
+ Prized residential location in the heart of Melbourne’s Bayside region
+ Positioned neighbouring the Alfred Medical Precinct catchment – Melbourne’s leading medical research & education hub, with Masada Private Hospital, Caulfield and The Avenue Hospital all within close proximity
+ Conveniently located moments away from St Kilda Botanical Gardens, Luna Park, Acland Street and St Kilda Beach

*Approx.

St Kilda South Medical Centre and Day Hospital
is For Sale by International Expressions of Interest closing Friday 2 June 2023 at 2pm (AEST)

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

Mark Stafford | 0404 401 053
Nick Peden | 0402 011 266
Simon Quinn | 0409 261 276

JLL Asia Markets:
中文普通话咨询物业详情,请联系Mingxuan Li李名轩。 手机: 0498 688 998, 电子邮件: Mingxuan.Li@jll.com, 或微信WeChat ID: Mingxuanli777

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

St Kilda South Medical Centre and Day Hospital, 37 Mitford Street, Elwood, VIC, 3184

Property Map
St Kilda South Medical Centre and Day Hospital, 37 Mitford Street, Elwood, VIC, 3184 Elwood
JLL - Sydney
JLL - Sydney
level 27, 180, George Street, Sydney, City of Sydney, New South Wales, Australia, 2000
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