Share this property

realcommercial.com.au
CBRE - Melbourne

296-304 Springvale Road Donvale, VIC 3111

Directions

296-304 Springvale Road,
Donvale, VIC 3111

Medical & Consulting • Other

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Tenure type

Sold on

CBRE - Melbourne
Jimmy Tat
Sandro Peluso
Marcello Caspani-Muto

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
296-304 Springvale Road
Donvale, VIC 3111

Map of 296-304 Springvale Road

Directions

FLAGSHIP EASTERN SUBURBS AGED CARE/HEALTHCARE/SENIORS LIVING OPPORTUNITY - OCCUPY, INVEST, DEVELOP OR LAND BANK

  • Highly valuable existing improvements
  • Land area of 18,224sqm*
  • Offered with vacant possession
CBRE Australian Healthcare & Social Infrastructure is proud to exclusively present 296-304 Springvale Road, Donvale. A considerable former Residential Aged Care home with irreplaceable existing improvements and immediate potential to occupy, re-position or expand.

Located within one of Victoria’s most desirable postcodes, the subject property’s placement, coupled with irreplaceable 9C compliant improvements, make this one of the most notable vacant aged care propositions in recent Australian history.

Fully operational until late July 2023, immediate or partial occupation of the subject property is possible with oversized hallways, doorways and bedrooms suiting Aged Care, Seniors Living, Healthcare, NDIS/SDA or accommodation related users.


OVERVIEW

+Highly valuable existing improvements comprising 113 single rooms

+Adjoining vacant land parcel of 6,243sqm* allowing future expansion or a mixed-use proposition (STCA)

+Offered with vacant possession

+Building area of 6,603sqm* across two levels with multiple communal lounge/dining and recreation spaces and full disability access

+Substantial underlying land area of 18,224sqm* across two titles

+Suited to a variety of end users including Aged Care, Retirement, Hospital, Rehab, Land Banking, Supported Residential Services, Specialist Disability Services, Short Stay Accommodation and more (STCA)

LOCATION

+Located within Melbourne’s highly coveted eastern corridor, only 20km* from Melbourne CBD

+Strategically positioned on the Springvale Road thoroughfare with a combined 170m* street frontage and over 12,000 vehicles passing daily

+Direct access (1km*) to the Eastern Freeway / Eastlink providing immediate passage to both the Melbourne CBD or Mornington Peninsula

+Situated within one of Victoria's most desirable municipalities, Donvale – featuring a median house price exceeding $1,500,000*

+Well serviced by immediate retail, healthcare and lifestyle amenities with Tunstall Square Shopping Centre, Donvale Reserve, Donvale Rehabilitation Hospital (Ramsay Healthcare), Westfield Doncaster and more a short distance away.

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING TUESDAY 5TH SEPTEMBER AT 2.00PM (AEST)

For further information contact Australia’s market leading Healthcare & Social Infrastructure specialists:

Marcello Caspani-Muto
+61 417 065 7...

Sandro Peluso
+61 418 389 7...

Jimmy Tat
+61 439 399 1...

*approx.

Explore property virtually

Property ID: 504386320Last Updated: 2 Nov 2023

Make an enquiry

What's your enquiry about?

Enter your details

More properties from CBRE - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.