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Sold on 6 Jun 2019

26-28 Chesterville Road Cheltenham VIC 3192

  • Medical / Consulting
  • 551 m²
  • Sold

PREMIUM FREESTANDING DAY HOSPITAL INVESTMENT LEASED TO CURA GROUP

    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 Victoria's 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.

    Can't 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.

    Jimmy Tat
    CBRE Melbourne
    Jimmy Tat
    CBRE Melbourne

    Property Highlights

    Property ID2017231863
    Date Sold6 Jun 2019
    Floor Area551 m²
    Land Area1,200 m²
    ParkingOn site parking available
    Building TypePartial building
    Category
    Last updated  3 Sep 2021
    Map for 26-28 Chesterville Road Cheltenham VIC 3192
    Map for 26-28 Chesterville Road Cheltenham VIC 319226-28 Chesterville Road Cheltenham VIC 3192
    Jimmy Tat
    CBRE Melbourne
    Jimmy Tat
    CBRE Melbourne

    Property Highlights

    Property ID2017231863
    Date Sold6 Jun 2019
    Floor Area551 m²
    Land Area1,200 m²
    ParkingOn site parking available
    Building TypePartial building
    Category
    Last updated  3 Sep 2021
    CBRE Melbourne
    Level 34, 8 Exhibition Street Melbourne VIC 3000
    Jimmy Tat
    CBRE Melbourne
    Jimmy Tat
    CBRE Melbourne
    Jimmy Tat

    Jimmy Tat

    CBRE Melbourne

    +61 *** ***
    +61 439 399 118

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