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JLL - Melbourne

Modern Medical Spotswood, 196 Hall Street Spotswood, VIC 3015

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Modern Medical Spotswood, 196 Hall Street,
Spotswood, VIC 3015

Medical & Consulting • Other

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JLL - Melbourne
Mark Stafford

JLL - Melbourne

Level 33, 101 Collins Street
MELBOURNE, VIC 3000
JLL - Melbourne
Modern Medical Spotswood, 196 Hall Street
Spotswood, VIC 3015

Map of Modern Medical Spotswood, 196 Hall Street

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SOLD

JLL and Cushman & Wakefield are pleased to present for sale Modern Medical Spotswood. Conveniently located at the corner of Hall Street and Hudson Road in the attractive and evolving suburb of Spotswood, the medical centre is a rare metropolitan Melbourne healthcare investment, providing a variety of services including a GP Clinic, a pathology suite, a pharmacy and ancillary services.

• Modern two-level medical investment with strong tenant covenant on high profile corner site.
• Complemented by ground floor pharmacy, providing high volume of foot traffic and access to ancillary services
• Total Net Lettable Area of 1,136 sqm*
• Passing Net Income of $607,000 pa* (as at 1 May 2022)
• 3.18 year WALE (by Income)
• Well-serviced by Public Transport networks on both Hall Street and Hudson Road buses, with Spotswood Train Station just 100m* away.
• At-grade carparking providing 22 car bays
• Benefitting from Spotswood-South Kingsville Precinct ‘s strong forecasted population growth, with a forecast increase of 81.4% over the next 20 years.

Modern Medical Spotswood is available individually or as part of the National Healthcare Portfolio. The Portfolio includes 9 securely leased medical assets across four states, with a combined net income of $7.32 million, and anchored by a range of blue chip national medical tenants such as Aurora, Nexus Day Hospitals, ForHealth, St Vincents and IPN Medical Centres.

The Portfolio includes:
• Kogarah Private Hospital, 1 Derby Street, Kogarah NSW
• Chermside Medical Complex, Lots 2-6 & 9-10, 956 Gympie Road, Chermside QLD
• IPN Logan Central, 295 Kingston Road, Logan Central QLD
•   IPN Forest Lake, 7 High Street, Forest Lake QLD
• Mackay Private Hospital, 57 Norris Road, Mount Pleasant QLD
• Gympie Private Hospital, 74-86 Channon Street, Gympie QLD
• Modern Medical Spotswood, 196 Hall Street, Spotswood VIC
• St Vincent's Specialist Centre, 574 Melton Highway, Sydenham VIC
• Rockingham Medical Centre, 18 Civic Boulevard, Rockingham WA

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Property ID: 504057367Last Updated: 11 Dec 2024

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JLL - Melbourne
Level 33, 101 Collins Street
MELBOURNE, VIC 3000
Cushman & Wakefield - Sydney
Level 22, 1 O'Connell Street
SYDNEY, NSW 2000

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