10 Leith Road,
Montrose, VIC 3765
Medical & Consulting • Shops & Retail • Development Sites & Land
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
10 Leith Road
Montrose, VIC 3765
Map of 10 Leith Road
OUTSTANDING PREMIUM MEDICAL INVESTMENT TO ESTABLISHED COVENANT WITH 30 YEARS PLUS HISTORY & 8 LOCATIONS: CALLING ALL $2,000,000 PLUS BUYERS
- Brand new 7-year lease
- 24 on-site car parks
- Significant land offering of 1,411sqm*
CBRE Australian Healthcare & Social Infrastructure is pleased to exclusively present for sale 10 Leith Road. Montrose. A premium medical investment with prominent locale, purpose built with outstanding exposure to Leith Road. This medical centre has been servicing Montrose for decades – Leased to highly successful medical group SIA Medical.
Servicing a diverse and close-knit community 10 Leith Road boasts a generous land offering of 1,411sqm*. As society moves towards prioritising quality of life over inner-city locations, Montrose has experienced exceptional population growth reflected boldly in a median house price increase of 16.2% over the past year.
A short walk away from key Montrose community amenities and services surrounded by the beautiful Dandenong Ranges this property is an exceptional opportunity to invest in a growing community with picturesque surroundings. The difficulty in acquiring a property with such a strong lease covenant is not to be underestimated – SIA Medical Group are a highly successful medical operator within Victoria
+ Brand New 7-Year Lease to SIA Medical to 2029 Plus Options to 2044
+ Strong trading medical centre located in the heart of the Yarra Ranges Council
+ Significant land holding of 1,411sqm* boasting 22m* street exposure - Centrally located within Montrose commercial district with surrounding amenities and services
+ SIA Medical – 8 premium locations across Victoria
+ Passing rental $108,000 pa* + outgoings + GST accompanied by 3.5% fixed annual rental increases
LOCATION
+ Among the beautiful surroundings of the Dandenong Ranges and central to the Montrose community
+ Strong underlying land value with Montrose featuring a median house price of $912,000
+ Ideally positioned in the heart of the Montrose town centre with the Montrose Pharmacy, cafés and dense commercial retail surrounding the property
+ Public transport options with bus stop directly outside property, as well as community amenities being a stone’s throw away.
SOLD
For further information, please contact the exclusive sale and marketing agents:
Marcello Caspani-Muto
+61 417 065 7...
Sandro Peluso
+61 418 389 7...
Jimmy Tat
+61 439 399 1...
approx*
Servicing a diverse and close-knit community 10 Leith Road boasts a generous land offering of 1,411sqm*. As society moves towards prioritising quality of life over inner-city locations, Montrose has experienced exceptional population growth reflected boldly in a median house price increase of 16.2% over the past year.
A short walk away from key Montrose community amenities and services surrounded by the beautiful Dandenong Ranges this property is an exceptional opportunity to invest in a growing community with picturesque surroundings. The difficulty in acquiring a property with such a strong lease covenant is not to be underestimated – SIA Medical Group are a highly successful medical operator within Victoria
+ Brand New 7-Year Lease to SIA Medical to 2029 Plus Options to 2044
+ Strong trading medical centre located in the heart of the Yarra Ranges Council
+ Significant land holding of 1,411sqm* boasting 22m* street exposure - Centrally located within Montrose commercial district with surrounding amenities and services
+ SIA Medical – 8 premium locations across Victoria
+ Passing rental $108,000 pa* + outgoings + GST accompanied by 3.5% fixed annual rental increases
LOCATION
+ Among the beautiful surroundings of the Dandenong Ranges and central to the Montrose community
+ Strong underlying land value with Montrose featuring a median house price of $912,000
+ Ideally positioned in the heart of the Montrose town centre with the Montrose Pharmacy, cafés and dense commercial retail surrounding the property
+ Public transport options with bus stop directly outside property, as well as community amenities being a stone’s throw away.
SOLD
For further information, please contact the exclusive sale and marketing agents:
Marcello Caspani-Muto
+61 417 065 7...
Sandro Peluso
+61 418 389 7...
Jimmy Tat
+61 439 399 1...
approx*
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Property ID: 504116039Last Updated: 14 Oct 2022
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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