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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

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JLL - Melbourne
MingXuan Li 李名轩
Mark Stafford
Tim Carr

JLL - Melbourne

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

Map of 148 Logis Boulevard

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SOLD BY JLL

  • 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

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: 19 Sep 2024

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