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DESCRIPTION:AAA INVESTMENT SECURELY LEASED TO GOVERNMENT TENANT + LAND TAX
  EXEMPT\nGorman Commercial is delighted to offer this premium investment 
 for sale by way of public auction on Thursday 25th June at 12pm on-site.\
 n\nThe property provides investors with the opportunity to acquire this p
 urpose-built freehold\, securely leased on a seven (7) year lease to Ambu
 lance Victoria and located within the Box Hill medical precinct.\n\nKey H
 ighlights include:\n\n\nSecure & reliable income of $241\,625 per annum +
  GST + Outgoings\nExtremely rare land tax exemption\, whilst Ambulance Vi
 ctoria are tenants\, providing a huge benefit to Investors\nSeven (7) yea
 r lease term plus option\nA-Grade covenant leased to Government tenant – 
 Ambulance Victoria\nLocated within the Box Hill medical hub\, underpinned
  by several medical institutions and hospitals including Box Hill Hospita
 l (Eastern Health) and Epworth Eastern Private Hospital\nBox Hill Hospita
 l\n- 48\,000 ­­­patients annually \n- An ambulance arrives at Box Hill Ho
 spital roughly every 12 minutes\nEpworth Eastern Private Hospital\n- Lead
 ing private hospital with 223 beds\n- Brand new 14-story medical facility
 \, part of major $162 million development\nHighly strategic location alon
 g Elgar Road and thoroughfare to major arterial routes in Eastern Freeway
 /Eastlink & Whitehorse Road providing direct access to major hospitals wi
 thin the health precinct.\nProminent corner land holding of 593sqm with e
 xcellent exposure and access/egress\n
DTEND:20260625T130000
DTSTAMP:20260526T085640Z
DTSTART:20260625T120000
LOCATION:492 Elgar Road\, Box Hill VIC
SEQUENCE:0
SUMMARY:Auction: 492 Elgar Road\, Box Hill VIC
UID:CRE-2020870666-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>AAA INVESTMENT SECURELY LEASED TO G
 OVERNMENT TENANT + LAND TAX EXEMPT <br/> Gorman Commercial is delighted t
 o offer this premium investment for sale by way of public auction on Thur
 sday 25th June at 12pm on-site. <br/>  <br/> The property provides invest
 ors with the opportunity to acquire this purpose-built freehold\, securel
 y leased on a seven (7) year lease to Ambulance Victoria and located with
 in the Box Hill medical precinct. <br/>  <br/> Key Highlights include: <b
 r/>  <br/>  <br/> Secure & reliable income of $241\,625 per annum + GST +
  Outgoings <br/> Extremely rare land tax exemption\, whilst Ambulance Vic
 toria are tenants\, providing a huge benefit to Investors <br/> Seven (7)
  year lease term plus option <br/> A-Grade covenant leased to Government 
 tenant – Ambulance Victoria <br/> Located within the Box Hill medical hub
 \, underpinned by several medical institutions and hospitals including Bo
 x Hill Hospital (Eastern Health) and Epworth Eastern Private Hospital <br
 /> Box Hill Hospital <br/> - 48\,000 ­­­patients annually  <br/> - An amb
 ulance arrives at Box Hill Hospital roughly every 12 minutes <br/> Epwort
 h Eastern Private Hospital <br/> - Leading private hospital with 223 beds
  <br/> - Brand new 14-story medical facility\, part of major $162 million
  development <br/> Highly strategic location along Elgar Road and thoroug
 hfare to major arterial routes in Eastern Freeway/Eastlink & Whitehorse R
 oad providing direct access to major hospitals within the health precinct
 . <br/> Prominent corner land holding of 593sqm with excellent exposure a
 nd access/egress <br/> </P></body></html>
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