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12-16 Capel Avenue, CAPEL SOUND, VIC 3940

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12-16 Capel Avenue, CAPEL SOUND, VIC 3940

Capel Sound

SOLD
12-16 Capel Avenue, CAPEL SOUND, VIC 3940

12-16 Capel Avenue, CAPEL SOUND, VIC 3940

Properties / Sold / Victoria / Capel Sound
Development Approved
Property Type
Health/Medical
Land Area
4,290 m² (*approx)
LGA
Mornington Peninsula Shire
Selling Method
EOI: EOI Closed - Offers Under Review
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Prime Fully Leased Investment Opportunity
  • Market leading ASX listed operator
  • Brand new lease with options
  • $525,000pa + GST & Outgoings

Savills is delighted to offer for sale this prime residential aged care investment at 12-16 Capel Avenue, Capel Sound. This rare social infrastructure investment is underpinned by a brand new lease to a market leading aged care provider and is further supported by a large underlying landholding situated on the stunning Mornington Peninsula.

The key attributes of this premium property include:

• High quality 58 bed aged care facility

• Brand new 6 year lease with 3 x 4 year options to a wholly owned subsidiary of ASX listed Japara Ltd

• Net rental of $525,000 per annum + GST & Outgoings

• Significant refurbishment completed in 2020

• Land area of 4,290sq m*

• General Residential 1 Zoning

• Ideal Mornington Peninsula location just moments from Rosebud Plaza and Rosebud Hospital

*Approx.

This property is offered alongside 440 Station Street, Bonbeach with the ability to secure these aged care investments individually or together.

For Private Sale

Savills Agents:

Julian Heatherich - 0412 995 655

Benson Zhou - 0458 488 8883

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

12-16 Capel Avenue Development Site Summary

Property Type
Health/Medical
Land Area
4,290 m² (*approx)
Mornington Peninsula Shire
Selling method
EOI: EOI Closed - Offers Under Review

Development Site Highlights

Prime Fully Leased Investment Opportunity
  • Market leading ASX listed operator
  • Brand new lease with options
  • $525,000pa + GST & Outgoings

Savills is delighted to offer for sale this prime residential aged care investment at 12-16 Capel Avenue, Capel Sound. This rare social infrastructure investment is underpinned by a brand new lease to a market leading aged care provider and is further supported by a large underlying landholding situated on the stunning Mornington Peninsula.

The key attributes of this premium property include:

• High quality 58 bed aged care facility

• Brand new 6 year lease with 3 x 4 year options to a wholly owned subsidiary of ASX listed Japara Ltd

• Net rental of $525,000 per annum + GST & Outgoings

• Significant refurbishment completed in 2020

• Land area of 4,290sq m*

• General Residential 1 Zoning

• Ideal Mornington Peninsula location just moments from Rosebud Plaza and Rosebud Hospital

*Approx.

This property is offered alongside 440 Station Street, Bonbeach with the ability to secure these aged care investments individually or together.

For Private Sale

Savills Agents:

Julian Heatherich - 0412 995 655

Benson Zhou - 0458 488 8883

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

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12-16 Capel Avenue, CAPEL SOUND, VIC 3940

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Property Location of 12-16 Capel Avenue, CAPEL SOUND, VIC 3940

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Due Diligence

Developments and amenities within a 5km radius of this Health/Medical opportunity at 12-16 Capel Avenue, CAPEL SOUND, VIC 3940.

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12-16 Capel Avenue, CAPEL SOUND, VIC 3940 Capel Sound
Savills - VIC
Savills - VIC
Level 29, South Tower, 80 Collins Street, Melbourne, VIC, 3000
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