Medical/Consulting
ID 335994UpdatedSold677 Boronia Road
677 Boronia Road
Wantirna, Victoria, 3152
Please contact us for price
- Size
715 SQM
![Mark Stafford](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1676424526/AU/OLM/AgentImage/nx6kak5amudeynmybxoy.png)
Mark Stafford
Senior Executive
![Jesse Radisich](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1676424525/AU/OLM/AgentImage/atwyhbvdtjmcq4lnvf22.png)
Jesse Radisich
Director, Capital Markets � Victoria
- Description
- Building Information
- Location
- Agents
Description
UNDER OFFER
JLL Melbourne has the exclusive privilege of offering for sale this prominent freehold investment located at 677 Boronia Road, Wantirna.
Key details of the opportunity include:
+ High exposure, 715sqm* two-level freehold asset
+ Leased to Government supported NDIS & aged-care services provider - Morcare Services (one of only 22 registered NDIS providers in Victoria)
+ Morcare Services has almost 30 years of experience providing services to Victorian residents
+ Renewed 3 + 3 year lease until December 2028
+ Net income of $212,000 per annum + GST & Outgoings, including Land Tax (as at Dec-22)
+ Strong fixed 3% annual increases
+ High exposure frontage of 20m* to Boronia Road with 18,000* passing vehicles daily^
+ Significant underlying landholding of 1,052sqm*
+ 28 secure undercover car spaces
+ Flexible Commercial 1 Zone
+ Strategically positioned opposite the $900m bipartisan supported Wantirna Health Precinct (WHP) and Knox Private Hospital
+ Well located just moments from Eastlink providing access to greater Melbourne
*Approx.
^ Vicroads
UNDER OFFER.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Mark Stafford | 0404 401 053
Jesse Radisich | 0402 085 702
Tim Carr | 0415 767 915
MingXuan Li 李名轩 | 0498 688 998
• High Exposure 715sqm* Building
• Leased to NDIS Provider
• Tenant pays Land Tax
JLL Melbourne has the exclusive privilege of offering for sale this prominent freehold investment located at 677 Boronia Road, Wantirna.
Key details of the opportunity include:
+ High exposure, 715sqm* two-level freehold asset
+ Leased to Government supported NDIS & aged-care services provider - Morcare Services (one of only 22 registered NDIS providers in Victoria)
+ Morcare Services has almost 30 years of experience providing services to Victorian residents
+ Renewed 3 + 3 year lease until December 2028
+ Net income of $212,000 per annum + GST & Outgoings, including Land Tax (as at Dec-22)
+ Strong fixed 3% annual increases
+ High exposure frontage of 20m* to Boronia Road with 18,000* passing vehicles daily^
+ Significant underlying landholding of 1,052sqm*
+ 28 secure undercover car spaces
+ Flexible Commercial 1 Zone
+ Strategically positioned opposite the $900m bipartisan supported Wantirna Health Precinct (WHP) and Knox Private Hospital
+ Well located just moments from Eastlink providing access to greater Melbourne
*Approx.
^ Vicroads
UNDER OFFER.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Mark Stafford | 0404 401 053
Jesse Radisich | 0402 085 702
Tim Carr | 0415 767 915
MingXuan Li 李名轩 | 0498 688 998
• High Exposure 715sqm* Building
• Leased to NDIS Provider
• Tenant pays Land Tax
Location
Agents
![Mark Stafford](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1676424526/AU/OLM/AgentImage/nx6kak5amudeynmybxoy.png)
Mark Stafford
Senior Executive
![Jesse Radisich](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1676424525/AU/OLM/AgentImage/atwyhbvdtjmcq4lnvf22.png)
Jesse Radisich
Director, Capital Markets � Victoria