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Sold on 20 Mar 2017

73-79 Little Ryrie Street Geelong VIC 3220

  • Medical / Consulting
  • 4,937 m²
  • Sold

HEALTHY INVESTMENT OPPORTUNITY - GEELONG PRIVATE MEDICAL CENTRE

  • Underpinned by ASX listed tenant
  • Attractive depreciation benefits
  • Central Geelong CBD location

73-79 Little Ryrie Street, Geelong

CBRE Victorian Health, Aged and Child Care, acting under instruction from Receivers and Managers KPMG, are delighted to offer for sale the Geelong Private Medical Centre.

Rarely does an offering of this calibre in the health sector publicly come to the market, mostly underpinned by an ASX listed tenant - Healthscope - Australia's second largest private hospital operator. Since its establishment in 1985, Healthscope has expanded to operate 45 hospitals and 48 medical centres across Australia, with over 18,000 employees nationally.

- Modern 4 level medical centre built circa 2010, plus attractive
depreciation benefits

- Building area of 4,937sqm net* consisting consulting tenancies, general practice and administration offices, plus ground level cafA© and 174* car spaces (all but 18 spaces are within basement)

- Various medical tenants underpinned by major occupier being ASX listed Healthscope Operations, plus car park operator

- Potential fully leased net income $2,100,000 p.a*

- Linked to adjoining Geelong Private Hospital via air bridge, with precinct further supported by Barwon Health Geelong Hospital

- Central Geelong CBD location surrounded by vast retail, entertainment and dining amenity, close to Geelong foreshore, train station and Deakin University

Final stages Expressions of Interest closing Thursday 9th February 2017.

*approx

Julian White
+61 422 764 137

Scott Orchard
+61 425 760 712

Sandro Peluso
+61 418 389 757

Kiran Pillai
+61 438 371 172

Scott Orchard
CBRE Melbourne
Scott Orchard
CBRE Melbourne
Sandro Peluso
CBRE Melbourne
Sandro Peluso
CBRE Melbourne

Property Highlights

Property ID2013162222
Date Sold20 Mar 2017
Floor Area4,937 m²
Land Area2,751 m²
EnergyAsk Agent
ParkingOn site parking available
Category
Last updated  11 Nov 2020
Map for 73-79 Little Ryrie Street Geelong VIC 3220
Map for 73-79 Little Ryrie Street Geelong VIC 322073-79 Little Ryrie Street Geelong VIC 3220
Scott Orchard
CBRE Melbourne
Scott Orchard
CBRE Melbourne
Sandro Peluso
CBRE Melbourne
Sandro Peluso
CBRE Melbourne

Property Highlights

Property ID2013162222
Date Sold20 Mar 2017
Floor Area4,937 m²
Land Area2,751 m²
EnergyAsk Agent
ParkingOn site parking available
Category
Last updated  11 Nov 2020
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000
Scott Orchard
CBRE Melbourne
Scott Orchard
CBRE Melbourne
Sandro Peluso
CBRE Melbourne
Sandro Peluso
CBRE Melbourne
Scott Orchard

Scott Orchard

CBRE Melbourne

Sandro Peluso

Sandro Peluso

CBRE Melbourne

+61 *** ***
+61 425 760 712

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