Greensborough Medical and Dental Centre 9-13 Flintoff Street Greensborough VIC 3088

Colliers is pleased to exclusively bring to market a 100% freehold interest in 9-13 Flintoff Street, Greensborough.

Operating as Greensborough Medical & Dental Centre, the property comprises a 3,529sqm medical centre across two levels with basement car parking, located on 2,448sqm of Activity Centre zoned land. The property is subject to a triple-net-lease to a wholly owned subsidiary of Healius Limited, with a remaining lease of 9.0 years.

The property is offered with an additional leasehold agreement over 36 car bays located in an adjoining multi-deck car park.

9-13 Flintoff Street sits at the centre of a modern mixed use precinct within Greensborough, which is located 17km north east of the Melbourne CBD. Greensborough features a concentration of health care users alongside the Banyule City Council offices, the Watermark Aquatic Centre and a major sub-regional shopping centre (Greensborough Plaza).

The property offers investors a secure and passive cash flow with fixed annual increases, depreciation benefits, and a long term upside in the land which is zoned for intensive development.

9-13 Flintoff Street, Greensborough is offered for sale via an International Expressions of Interest campaign closing Thursday 18 April 2024 at 3pm (AEST)

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