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440 Station Street, BONBEACH, VIC 3196

Development Potential
DETAILS
Prized Aged Care Investment
  • Market leading ASX listed operator
  • Brand new lease with options
  • $600,000pa + GST & Outgoings

Savills is delighted to offer for sale this premium residential aged care facility at 440 Station Street, Bonbeach. This major healthcare investment opportunity is a rare opportunity to invest in an essential Australian service, which is underpinned by a brand new lease to a blue-chip operator and in a prime bayside location.

The key attributes of this premium investment include:

• High quality 65 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 $600,000 per annum + GST & Outgoings

• Significant refurbishment completed in 2018

• Land area of 3,066sq m*

• General Residential 2 Zoning

• Prime position just 500m* from Bonbeach Beach and situated within Melbourne’s prestigious bayside region

*Approx.

This property is offered alongside 12-16 Capel Avenue, Capel Sound 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 488 888

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
EOI:
TITLE:
EOI Closed - Offers Under Review
Property Area
AREA:
3066 m² (*approx)
Property Type
TYPE:
Commercial, Child/Healthcare, Aged Care, Other, Aged Care, Other
Development Potential
DEVELOPMENT APPROVAL:
Commercial Development Opportunity (STCA)

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440 Station Street, BONBEACH, VIC 3196

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