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Sold on 6 Jun 2019

26-28 Chesterville Road Cheltenham VIC 3192

  • Medical / Consulting
  • Floor Size551 m²
  • PriceSold

PREMIUM FREESTANDING DAY HOSPITAL INVESTMENT LEASED TO CURA GROUP

  • 10+10 year lease
  • Leased to National Operator 22 locations
  • Opposite Westfield Southland SC

OVERVIEW

+ Renewed 10 year lease to Cura Day Hospital to 2029 plus options to 2039

+ Tenant backed by global powerhouse healthcare provider Fresenius Medical Care with revenue exceeding $25m in 2018

+ Annual income of $288,000 pa*+ GST & outgoings with annual rental increases

+ Highly capital intensive fit out with seventeen (17) on-site car spaces

+ Substantial building area of 551sqm* with close to 1,200sqm* of land  PLUS onsite parking

LOCATION

+ Positioned directly opposite Westfield Southland One of Victorias largest shopping centres with near $850,000,000 in retail sales annually

+ Within walking distance to public transport including, Southland railway station and the Radcliffe Avenue bus interchange

+ Located 19km* south-east of the CBD and is a major residential commercial and industrial centre for Melbourne's south. The commercial focus of the suburb is based around the neighbouring Westfield Southland Shopping Centre and the Cheltenham railway station

26-28 Chesterville Road will be sold via boardroom auction on the 6th of June at 2:30pm CBRE MELBOURNE OFFICE

Josh Twelftree                                                                          
+61 452 524 985                              

Jimmy Tat  
+61 439 399 188     

Sandro Peluso  
+61 418 389 757              

*approx

We are using a new group to display our auctions live and we just want people to know.

Cant attend the auction? No problem, you can still participate online! You can watch and even bid at this auction online using the Anywhere Auctions website and app. Contact us to find out more.

AUCTION

Auction date and time06/06/2019 02:30
Auction locationCBRE Melbourne Office

Property Highlights

Property ID2015207592
Date Sold6 Jun 2019
Floor Area551 m²
Land Area1,200 m²
ParkingAsk Agent
Category
Last updated  6 Jun 2019
Map for 26-28 Chesterville Road Cheltenham VIC 3192
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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