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238 Springvale Road
Glen Waverley VIC 3150
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Sold on 3 Aug 2022

238 Springvale Road Glen Waverley VIC 3150

  • Medical / Consulting
  • 220 m²
  • Sold

Golden Corner Opposite 'The Glen' Shopping Centre, 50,500 Vehicles Passing Daily

    +Established clinic specialising in women's health and IVF for over 25 years
    +Secure new 5-year lease to 2027 plus options to 2037
    +Situated directly opposite the $490m redeveloped 'The Glen' shopping centre and the $450m multi-tower Sky Garden residential development
    +Well presented 2 level medical facility incorporates 4 consulting rooms and Melbourne Pathology
    +High profile freehold corner with 50m frontage, 10 car spaces and 55,000 vehicles passing daily
    +Corner site zoned GRZ8 with DDO12 allowing up to 4 levels upside potential
    +Fixed 3% annual rent increases
    +Tenant pays all usual outgoings
    +Net income: $194,145 pa + GST

    For Sale by Investment Portfolio Auction
    10:30am (AEST) Wednesday 3 August 2022
    Crown Casino - River Room

    AUCTION

    Auction date and time03/08/2022 10:30
    Auction locationCrown Casino - River Room - Melbourne

    Property Highlights

    Date Sold3 Aug 2022
    Floor Area220 m²
    Land Area573 m²
    ParkingAsk Agent
    Property ID2017923634
    Category
    Last updated  5 Aug 2022
    Map for 238 Springvale Road Glen Waverley VIC 3150

    Property Highlights

    Date Sold3 Aug 2022
    Floor Area220 m²
    Land Area573 m²
    ParkingAsk Agent
    Property ID2017923634
    Category
    Last updated  5 Aug 2022

    Co-Agents

    Shaun Venables
    Shaun Venables
    Burgess Rawson VIC Pty Ltd
    Call
    0411 860 865
    Beau Coulter
    Burgess Rawson VIC Pty Ltd
    Call
    0413 839 898
    Zomart He
    Burgess Rawson VIC Pty Ltd
    Call
    0488 220 830

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