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DESCRIPTION:ASX Listed Medical Freehold | 10 Year Net Lease to 2030 Plus O
 ptions to 2040\nCBRE is pleased to offer to market Myhealth Mentone (Melb
 ourne) VIC for sale via our Investment Portfolio Auction 184.\n\nThis opp
 ortunity has the following key investment highlights:\n\n+ Ten (10) year 
 net lease to Myhealth to November 2030.\n+ Two (2) further 5 year options
  to 2040.\n+ Myhealth: primary care and GP-led medical centre provider wi
 th 106 locations across NSW\, VIC and QLD\; servicing 3M patients annuall
 y and 90% owned by ASX-listed health giant Medibank. (1)\n+ Medibank (ASX
 : MPL): Australia's largest private health insurer and integrated healthc
 are provider (~$12B market cap) with more than 4.2 million customers acro
 ss Australia. (2)\n+ Fixed 3.5% annual rent increases\, assuring income g
 rowth. \n+ Investor preferred net lease terms with Myhealth responsible f
 or usual outgoings.\n+ Immaculate 325sqm* medical practice with 565K refu
 rbishment in 2020. \n+ Significant 493sqm* ACZ freehold landholding featu
 ring 5 on-title car spaces and direct rear access to a 150+ space public 
 car park.\n+ High-demand GP catchment attracting 262\,000+ visits each ye
 ar within a 3 km radius. (3)\n+ Prime Mentone CBD location with Coles\, W
 oolworths\, Chemist Warehouse\, Melbourne Pathology\, ANZ & CBA all withi
 n 200m.*\n+ Situated 85m* from Mentone Railway Station along Como Parade 
 West\, with exposure to 8\,000 passing vehicles daily and strong pedestri
 an foot traffic. (3)\n+ Mentone: an affluent bayside suburb just 21km fro
 m the Melbourne CBD\, boasting a strong median house price of $1.36 milli
 on. (4)\n+ City of Kingston: one of Victoria's major employment and indus
 trial hubs\, situated 20km south of Melbourne's CBD\, home to 163\,700+ r
 esidents\, and a GRP of $14.2 billion. (5)\n+ Net Income: $181\,654 pa* +
  GST.\n\nFor Sale by Investment Portfolio Auction\n10:30am AEST Wednesday
  13 May 2026\nGarden Room - Crown Casino\, Melbourne\n\n* Approx.\n1 Myhe
 alth\n2 Medibank\n3 GapMaps\n4 ***\n5 REMPlan
DTEND:20260513T113000
DTSTAMP:20260417T084559Z
DTSTART:20260513T103000
LOCATION:Crown Casino - Garden Room - Melbourne
SEQUENCE:0
SUMMARY:Auction: 115a Mentone Parade\, Mentone VIC
UID:CRE-2020763929-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>ASX Listed Medical Freehold | 10 Ye
 ar Net Lease to 2030 Plus Options to 2040 <br/> CBRE is pleased to offer 
 to market Myhealth Mentone (Melbourne) VIC for sale via our Investment Po
 rtfolio Auction 184. <br/>  <br/> This opportunity has the following key 
 investment highlights: <br/>  <br/> + Ten (10) year net lease to Myhealth
  to November 2030. <br/> + Two (2) further 5 year options to 2040. <br/> 
 + Myhealth: primary care and GP-led medical centre provider with 106 loca
 tions across NSW\, VIC and QLD\; servicing 3M patients annually and 90% o
 wned by ASX-listed health giant Medibank. (1) <br/> + Medibank (ASX: MPL)
 : Australia's largest private health insurer and integrated healthcare pr
 ovider (~$12B market cap) with more than 4.2 million customers across Aus
 tralia. (2) <br/> + Fixed 3.5% annual rent increases\, assuring income gr
 owth.  <br/> + Investor preferred net lease terms with Myhealth responsib
 le for usual outgoings. <br/> + Immaculate 325sqm* medical practice with 
 565K refurbishment in 2020.  <br/> + Significant 493sqm* ACZ freehold lan
 dholding featuring 5 on-title car spaces and direct rear access to a 150+
  space public car park. <br/> + High-demand GP catchment attracting 262\,
 000+ visits each year within a 3 km radius. (3) <br/> + Prime Mentone CBD
  location with Coles\, Woolworths\, Chemist Warehouse\, Melbourne Patholo
 gy\, ANZ & CBA all within 200m.* <br/> + Situated 85m* from Mentone Railw
 ay Station along Como Parade West\, with exposure to 8\,000 passing vehic
 les daily and strong pedestrian foot traffic. (3) <br/> + Mentone: an aff
 luent bayside suburb just 21km from the Melbourne CBD\, boasting a strong
  median house price of $1.36 million. (4) <br/> + City of Kingston: one o
 f Victoria's major employment and industrial hubs\, situated 20km south o
 f Melbourne's CBD\, home to 163\,700+ residents\, and a GRP of $14.2 bill
 ion. (5) <br/> + Net Income: $181\,654 pa* + GST. <br/>  <br/> For Sale b
 y Investment Portfolio Auction <br/> 10:30am AEST Wednesday 13 May 2026 <
 br/> Garden Room - Crown Casino\, Melbourne <br/>  <br/> * Approx. <br/> 
 1 Myhealth <br/> 2 Medibank <br/> 3 GapMaps <br/> 4 *** <br/> 5 REMPlan</
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