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JLL - Melbourne

148 Logis Boulevard Dandenong South, VIC 3175

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148 Logis Boulevard,
Dandenong South, VIC 3175

Medical & Consulting • Shops & Retail • Showrooms & Large Format Retail

Price information

Sale - Expression of Interest closing Wed 21 Aug

Contact the JLL Healthcare & Life Sciences Team

Key property information

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$249,525
Number of Tenants
1 Tenant

Expression of Interest

Add to calendar

Private inspections

to arrange a private inspection.
JLL - Melbourne
Tim Carr
MingXuan Li 李名轩
Mark Stafford

JLL - Melbourne

Level 33, 101 Collins Street
MELBOURNE, VIC 3000
JLL - Melbourne
148 Logis Boulevard
Dandenong South, VIC 3175

Map of 148 Logis Boulevard

Directions
  • Train stations within 5 km of 148 Logis Boulevard, Dandenong South, VIC 3175Distance
    Dandenong Station2.7 km
    Yarraman Station3.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 148 Logis Boulevard, Dandenong South, VIC 3175Distance
    Greens Rd/Hammond Rd (Dandenong South)887 m
    226 Hammond Rd1 km
    351 Hammond Rd1.1 km
    Union RdHammond Rd1.1 km
    Rodeo Dr/Hammond Rd (Dandenong South)1.1 km
    POWERED BY HERE ©
POWERED BY HERE ©

Affordable Healthcare Investment Leased to Sonic HealthPlus

  • Rare Triple Net Lease
  • Wholly Owned ASX Subsidiary
  • Brand New Tenancy
JLL Melbourne has the exclusive privilege of offering for sale this prized and affordable healthcare investment, Sonic HealthPlus in Dandenong South

Key details of the opportunity include:
+ Brand new lease with options until 2039
+ Leased to Sonic HealthPlus a wholly owned subsidiary of global healthcare operator Sonic Healthcare (SHL) – Australia’s 3rd largest healthcare company with $8.2Bn in revenue in 2023.
+ Current net income of $249,525per annum + GST & outgoings
+ Strong fixed rental growth of 3.5% per annum
+ Rare triple net lease structure with tenant responsible for all outgoings including land tax (single holding), repairs and maintenance, insurances, owner’s corporation fees, insurances and management fees
+ Ideal 639sqm* ground floor position within the brand new development
+ High exposure corner position with 23 associated car parks
+ Rising utilisation of healthcare services due to increased government funding which is focused on making healthcare more affordable and accessible
+ Australia spent an estimated $241.3 billion on health goods and services in 2020 – 2021 – this is an average of approximately $9,365 per person ^

*Approx.
^ Trade Area Analysis Report 2021

Sonic HealthPlus Dandenong South is For Sale by Expressions of Interest closing Wednesday 21 August at 2pm (AEST)

To obtain further information or to arrange an inspection, please contact the exclusive selling agent.

Mark Stafford | 0404 401 0...
Tim Carr | 0415 767 9...
Mingxuan Li 李名轩 | 0498 688 9...

Property ID: 504640792Last Updated: 17 Jul 2024

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