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169 & 171 Stud Road
Wantirna South VIC 3152
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Sold on 5 Nov 2020

169 & 171 Stud Road Wantirna South VIC 3152

  • Medical / Consulting
  • 1,630 m²
  • Sold

DOMINANT FREESTANDING MULTI-LEVEL HEALTHCARE INVESTMENT WITH RARE PERMIT ALLOWING UNLIMITED PRACTITIONERS

    CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 169 & 171 Stud Road, Wantirna South Corner freestanding multi-level healthcare investment with significant rent reversion, bolstered by a rare medical permit.

    + Blue-chip healthcare investment with imposing & highly valuable existing improvements across four (4) storeys and connected via air bridge allowing seamless cross flow demand between tenancies

    + Current passing income of $220,000p.a* + GST diversified across multiple tenancies including, Eastern Dental group, Knox Health & Sport Clinic, Wantirna Osteopathy, Action Rehab, Melbourne Lymphedema and more

    + Significant rent reversion potential with a highly valuable and rarely seen uncapped medical permit with potential fully let income of $450,000p.a* + GST

    + Substantial underlying landholding of 1,560sqm*, favourably zoned Residential Growth and subject to no overlays

    + Dominant exposure across multiple frontages to Stud & Moonah Roads (48m* combined) plus 34 on-site car parks

    + Highly desirable location, close to public transport, Knox Grammar School and allowing outstanding access to Eastlink providing direct link to the Melbourne CBD (26km) and surrounds

    + A stones throw to Westfield Knox City Shopping Centre, providing a range of world class retailers, cafes and restaurants.

    + Positioned within a highly desirable healthcare location, within immediate proximity of both Knox Private Hospital (largest private hospital in East Victoria) and Wantirna Health.

    Josh Twelftree
    +61 452 524 985

    Jimmy Tat
    +61 439 399 118

    Marcello Caspani-Muto
    +61 417 065 777

    Sandro Peluso
    +61 418 389 757

    *approx

    Property Highlights

    Date Sold5 Nov 2020
    Floor Area1,630 m²
    Land Area1,560 m²
    EnergyAsk Agent
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017232119
    Category
    Last updated  3 Sep 2021
    Map for 169 & 171 Stud Road Wantirna South VIC 3152

    Property Highlights

    Date Sold5 Nov 2020
    Floor Area1,630 m²
    Land Area1,560 m²
    EnergyAsk Agent
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017232119
    Category
    Last updated  3 Sep 2021

    Listed by

    Sandro Peluso
    Sandro Peluso
    CBRE
    Call
    +61 418 389 757

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