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CBRE - Melbourne

241 Dandenong Road Windsor, VIC 3181

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241 Dandenong Road,
Windsor, VIC 3181

Medical & Consulting • Development Sites & Land • Other

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CBRE - Melbourne
Jimmy Tat
Sandro Peluso
Marcello Caspani-Muto

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
241 Dandenong Road
Windsor, VIC 3181

Map of 241 Dandenong Road

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  • Train stations within 5 km of 241 Dandenong Road, Windsor, VIC 3181Distance
    Windsor Station785 m
    Prahran Station1.3 km
    Balaclava Station1.4 km
    Toorak Station1.5 km
    Hawksburn Station1.6 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 241 Dandenong Road, Windsor, VIC 3181Distance
    35-Williams Rd/Dandenong Rd (St Kilda East)152 m
    34-Westbury St/Dandenong Rd (St Kilda East)260 m
    34-the Avenue/Dandenong Rd (Windsor)262 m
    36-Alexandra St/Dandenong Rd (Prahran)383 m
    33-Hornby St/Dandenong Rd (Windsor)384 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 241 Dandenong Road, Windsor, VIC 3181Distance
    Hotham St/Princes Hwy (St Kilda East)114 m
    Williams RdPrinces Hwy145 m
    Dandenong RdHotham St151 m
    Dandenong Rd/Williams Rd (Windsor)178 m
    Rae CtWilliams Rd240 m
    POWERED BY HERE ©
POWERED BY HERE ©

Vacant Seniors Living Opportunity with Recent Comprehensive Renovation – Occupy, Invest or Value-Add In The City of Stonnington

  • Highly Valuable Existing Improvements
  • Refurbished building of 2,286sqm*
  • Offered with Vacant Possession
CBRE Australian Healthcare & Social Infrastructure is proud to exclusively present 241 Dandenong Road, Windsor – A highly regarded former residential Aged Care home suitable for both occupiers and investors within the City of Stonnington.

High quality existing improvements are complimented by a substantial multi-million-dollar renovation completed in 2023 and reducing future building CAPEX requirements

+Blue-chip and highly regarded former residential Aged Care home with 60 beds (all single rooms with en-suites) maintained to the highest of standards and ready for immediate occupation

+Recent multi-million dollar renovation complete in 2023 with high quality finishes modernising the entire ground floor and partial upper levels – reducing inbound renovation costs

+Existing 3 level building envelope with a potential built form to exceed this as per independent planning advice (STCA)

+Projected fully leased income of $700,000p.a*+

+Land rich holding with a substantial area of 1,704sqm* - One of the largest land parcels offered in the City of Stonnington in recent times

+Existing building area of 2,286sqm* (RACF) offered with vacant possession

+High exposure location with 25m* frontage to Dandenong Road / Princes Highway with 34,000+* vehicles passing daily

+Suitable for a variety of outcomes including Residential Aged Care, Land banking, Supported Residential Services , NDIS Accommodation, Healthcare and more.

LOCATION

+High exposure location with 25m* frontage to Dandenong Road / Princes Highway with 34,000+* vehicles passing daily

+Blue-chip location within one of Australia’s most desirable municipalities plus favourable Residential Growth Zoning

+Strong underlying land value with the City of Stonnington featuring a median house price exceeding $2,000,000*

+Ideally positioned within immediate proximity to the Iconic Windsor/St Kilda Healthcare precinct featuring The Avenue Hospital, Windsor Private Hospital, Cabrini Hospital, Masada Private Hospital and The Alfred

+A stones through to dense retail and educational amenity including, St Mary’s School, King David School, Coles, Woolworths and the Chapel Street and Williams Road retail strips

+Significant demand for boutique and large-scale residential projects with Windsor classified as a “High demand market”

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 18TH JULY 2024

For further information, please contact the exclusive sale and marketing agents:

Marcello Caspani-Muto
+61 417 065 7...

Jimmy Tat
+61 439 399 1...

Sandro Peluso
+61 418 389 7...

approx*

Property ID: 504619836Last Updated: 24 Jun 2024

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