42-44 Boneo Road,
Rosebud, VIC 3939

CBRE Australian Healthcare & Social Infrastructure is proud to exclusively offer for Sale 42-44 Boneo Road, Rosebud.

The apex of Allied health real estate, the subject property is tenanted by Lifecare Rosebud, supporting the local Peninsula and Bayside communities for over 45 years. Currently with 40+ locations and over 300 allied health professionals across the country.

Lifecare Physiotherapy is a subsidiary of leading global healthcare provider APM Group, helping over 2 million people in 11 countries and 1,701 locations with a annual turnover of over $220m.

Situated on a 1,596sqm* parcel of General Residential zoned land, this purpose built physiotherapy centre is leased to a single
tenant, with a renewed 5-year lease plus options to 2039.

Located in the bayside suburb of Rosebud on the Mornington Peninsula, the area is known for its beautiful beaches, relaxed lifestyle and appeal to both families and retirees. With over 14,600 residents and an aging population, Physiotherapy and rehabilitation services continue to be key service requirements by the community.

Minutes from the beach, 42-44 Boneo Road is surrounded by healthcare and retail amenities such as Rosebud Hospital, numerous medical centres, Rosebud Plaza Shopping Centre, Gastromedicine, V Smile Dental Studio, Point Nepean Road Retail Strip and more.

Overview:

+Annual income of $255,00*+ outgoings & GST with 3.5% annual increase

+Renewed 5 year lease to 2029 plus options to 2039

+Situated on a large 1,596sqm parcel zoned general residential with significant underlying land value

+Ample parking options with 21 car spaces, of which 2 are disabled car parks

+The tenant, Lifescare is a subsidiary of leading global healthcare provider APM Group with over 40+ locations and over 300 allied health practitioners across the country

+The purpose built physiotherapy centre was constructed in 2011, permitted for 5 practitioners

+Significant street exposure with a frontage of 32m*
 
Location:

+Approx 14,381 residents living in Rosebud and within the clinic catchment

+ Surrounded by healthcare and retail amenities such as Rosebud Hospital, Rosebud Plaza Shopping Centre, Gastromedicine, V Smile Dental Studio, Point Nepean Road Retail Strip and more.

+High median age of 55 years compared to Victoria average of 38 years. Indicating a higher need for healthcare services

+The City of Mornington Peninsula Shire, which includes Rosebud, is projected to experience significant population growth over the coming decade. Between 2021 and 2036, the population is forecast to increase from 168,948 to 200,000, representing a growth of 19%

Forthcoming Sale

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

Sandro Peluso
+61 418 389 7...

Kai Wang
+61 431 898 5...

Jimmy Tat
+61 439 399 1...


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