MAJOR HEALTHCARE INVESTMENT LEASED TO GLOBAL POWERHOUSE

Fitzroys is delighted to offer for sale by Expressions of Interest closing Wednesday 3rd December at 3pm, a significant healthcare investment leased to Bupa’s Dental Corporation, Australia’s leading integrated dental services tenant at 150-152 Canterbury Road, Blackburn South.

•  Longstanding and highly successful dental clinic, permitted for 12 practitioners
•  Founded in 1947, Bupa is a world leader in healthcare services with 38 million customers across 15 countries*
•  Offering comprises two interconnected, fully renovated state of the art buildings
•  Includes 22 on site car parks
•  Land area of 1,575sqm* with commanding 75* metre corner street frontage
•  Secure 5 + 5 + 5 year lease to Dental Corporation Pty Ltd
•  Returning $325,520 per annum plus outgoings and GST
•  Tenant pays land tax (on a single holding basis)
•  Fixed 4% annual rental increases providing excellent built in rental growth
•  Multi-faceted dental clinic servicing a rapidly growing catchment including Box Hill CBD, with an expected 47.5% increase in population by 2041, reaching 26,081 residents**
•  Surrounded by a number of reputable medical consulting/health service businesses including the Vision Eye Institute, Blackburn Public Surgical Centre, Bellbird Medical Centre, Sheehans Medical Centre and True Hearing Audiology
•  Strategically positioned on the heavily trafficked Canterbury Road with exposure to 32,000** passing vehicles daily
•  Well serviced by public transport and major road arterials with Blackburn Station only 1.5km* to the north
•  Surrounded by an abundance of retail and lifestyle amenity including key occupiers Woolworths, McDonalds, Chemist Discount Warehouse and Australia Post plus a number of local cafes/eateries
•  Close to Forrest Hill Chase Shopping Centre and Nunawading's large format retail precinct

For further information on 150-152 Canterbury Road, Blackburn South please contact Fitzroys’ selling agents Chris Kombi, Lewis Waddell and Ben Liu.

*approx.
**(Source: VicGov)