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CBRE - Melbourne

169 & 171 Stud Road Wantirna South, VIC 3152

169 & 171 Stud Road,
Wantirna South, VIC 3152

Medical & Consulting • Offices • Other

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CBRE - Melbourne
Sandro Peluso

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
04183897...
CBRE - Melbourne
169 & 171 Stud Road
Wantirna South, VIC 3152

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DOMINANT FREESTANDING MULTI-LEVEL HEALTHCARE INVESTMENT WITH RARE PERMIT ALLOWING UNLIMITED PRACTITIONERS

CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 169 & 171 Stud Road, Wantirna South – Corner freestanding multi-level healthcare investment with significant rent reversion, bolstered by a rare medical permit.

+ Blue-chip healthcare investment with imposing & highly valuable existing improvements across four (4) storeys and connected via air bridge allowing seamless cross flow demand between tenancies


+ Current passing income of $220,000p.a* + GST diversified across multiple tenancies including, Eastern Dental group, Knox Health & Sport Clinic, Wantirna Osteopathy, Action Rehab, Melbourne Lymphedema and more

+ Significant rent reversion potential with a highly valuable and rarely seen uncapped medical permit with potential fully let income of $450,000p.a* + GST

+ Substantial underlying landholding of 1,560sqm*, favourably zoned Residential Growth and subject to no overlays

+ Dominant exposure across multiple frontages to Stud & Moonah Roads (48m* combined) plus 34 on-site car parks

+ Highly desirable location, close to public transport, Knox Grammar School and allowing outstanding access to Eastlink providing direct link to the Melbourne CBD (26km) and surrounds

+ A stones throw to Westfield Knox City Shopping Centre, providing a range of world class retailers, cafes and restaurants.

+ Positioned within a highly desirable healthcare location, within immediate proximity of both Knox Private Hospital (largest private hospital in East Victoria) and Wantirna Health.

Josh Twelftree
+61 452 524 985

Jimmy Tat
+61 439 399 118

Marcello Caspani-Muto
+61 417 065 777

Sandro Peluso
+61 418 389 7...

*approx

Property ID: 503667566Last Updated: 3 Sep 2021

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CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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