HIGH PEFORMING HEALTHCARE INVESTMENT LEASED TO GLOBAL POWERHOUSE

Fitzroys is delighted to present for sale by Expressions of Interest closing Thursday 15th October 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.

•  The offering comprises two interconnected, fully renovated state of the art buildings plus 22 on site car parks

•  Land area of 1,575sqm* with commanding 75* metre corner street frontage

•  Longstanding and highly successful dental clinic, permitted for 12 practitioners

•  Secure 5 + 5 + 5 year lease to Bupa’s Dental Corporation Pty Ltd

•  Founded in 1947, Bupa is a world leader in healthcare services with 38 million customers across 15 countries*

•  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

•  Within the popular Blackburn South shopping village anchored by Woolworths Supermarket and surrounded by an abundance of retail and lifestyle amenity

•  Strategically positioned on the heavily trafficked Canterbury Road with exposure to 32,000** passing vehicles daily

•  Well serviced by major arterials and public transport with Blackburn Railway Station only 1.5km* to the north

•  Close to Forrest Hill Chase Shopping Centre and only 15kms from the Melbourne CBD

For further information or an inspection, please contact Fitzroys’ selling agents Chris Kombi, Lewis Waddell and Ben Liu.

*approx.
**(Source: VicGov)