12-16 Capel Avenue,
Capel Sound, VIC 3940

Medical & Consulting • Hotel, Motel & Leisure • Shops & Retail

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Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

12-16 Capel Avenue

Capel Sound, VIC 3940

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Prime Fully Leased Investment Opportunity

Market leading ASX listed operator
Brand new lease with options
$525,000pa + GST & Outgoings

Savills is delighted to offer for sale this prime residential aged care investment at 12-16 Capel Avenue, Capel Sound. This rare social infrastructure investment is underpinned by a brand new lease to a market leading aged care provider and is further supported by a large underlying landholding situated on the stunning Mornington Peninsula.

The key attributes of this premium property include:
• High quality 58 bed aged care facility
• Brand new 6 year lease with 3 x 4 year options to a wholly owned subsidiary of ASX listed Japara Ltd
• Net rental of $525,000 per annum + GST & Outgoings
• Significant refurbishment completed in 2020
• Land area of 4,290sq m*
• General Residential 1 Zoning
• Ideal Mornington Peninsula location just moments from Rosebud Plaza and Rosebud Hospital

*Approx.

This property is offered alongside 440 Station Street, Bonbeach with the ability to secure these aged care investments individually or together.

Sold.

Savills Agents:
Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...3

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Property ID: 503766858Last Updated: 25 Jun 2021

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Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000