238 Springvale Road,
Glen Waverley, VIC 3150

Medical & Consulting • Offices • Other

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Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

238 Springvale Road

Glen Waverley, VIC 3150

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Golden Corner Opposite 'The Glen' Shopping Centre, 50,500 Vehicles Passing Daily

New 5 year Lease plus options
Well presented 2 level medical clinic
AAA corner site opposite 'The Glen'

+Established clinic specialising in women’s health and IVF for over 25 years
+Secure new 5-year lease to 2027 plus options to 2037
+Situated directly opposite the $490m redeveloped ‘The Glen’ shopping centre and the $450m multi-tower Sky Garden residential development
+Well presented 2 level medical facility incorporates 4 consulting rooms and Melbourne Pathology
+High profile freehold corner with 50m frontage, 10 car spaces and 55,000 vehicles passing daily
+Corner site zoned GRZ8 with DDO12 allowing up to 4 levels upside potential
+Fixed 3% annual rent increases
+Tenant pays all usual outgoings
+Net income: $194,145 pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room

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Property ID: 504111139Last Updated: 19 Dec 2024

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Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000