Suite 10, 517 St Kilda Road, Melbourne, Vic 3000

Medical/Consulting
INR ₹21,789,690
AUD $399,000
Published on: 14 Oct 2024
Last updated on: 25 Nov 2024
Suite 10, 517 St Kilda Road, Melbourne, Vic 3000
Suite 10, 517 St Kilda Road, Melbourne, Vic 3000
Suite 10, 517 St Kilda Road, Melbourne, Vic 3000
+7
Suite 10, 517 St Kilda Road, Melbourne, Vic 3000
  • 7
Property ID: 504711244
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Key property information

Zoning
Commercial 1 Zoning
Floor Area
753.47 sq ft
Tenure Type
tenanted
Return on Investment
6.27

A FIRST DOSE OF AN INVESTORS MEDICINE. 6.25 % return.

Suite 10, 517 St Kilda Road, Melbourne, Vic 3000
POINT OF INTEREST:

An entry-level commercial investment with the healthiest prognosis from experts, this specialty medical suite is a valuable piece of the renowned healthcare precinct in which it resides. The building itself is home to various clinicians and consultants, while suite 10 has been leased to Scope Healthcare since the beginning of August. The 70 sqm* investment is made up of multiple private consulting and treatment rooms, a reception and administration area, a waiting area, and self-contained amenities for patients and staff alike. A few of these include 2 allocated basement car spots, an on-site café for caffeine prescriptions, and the Commercial Road trams just outside the building. With a healthy dose of natural sunlight beaming from views of Albert Park Lake and the parklands, you’re situated moments from The Alfred Hospital and Fawkner Park. 

- Leased to Scope Healthcare Limited.  (https://scopehealthcare.com.au)
- 2-year term with 2 further options of 2 years.
- Agreement began 1st August 2024.
- $6,875 in bond and 2 Director guarantors.
- 70 sqm* total building area.
- 2 allocated basement car spaces.
- Café on site
- Opposite The Alfred Hospital.
- Meters from Commercial Road trams.

POINT OF VIEW:

When it comes to investing, go where the industry has established itself. The Alfred has anchored this medical pocket of Melbourne for decades, and by adding this to your portfolio, you’re buying into the secure and healthy returns of a suite package by association.


*Approx.
Pricing excludes GST

Property Details

Basic Info

Property Type
Medical/Consulting
Listing Status
On Market
Address
Suite 10, 517 St Kilda Road, Melbourne, Vic 3000
Stan Dawidowski
Stan Dawidowski
Hesan Mazaheri
Hesan Mazaheri
18-20 Russell Street, Melbourne, Vic 3000
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Stan Dawidowski
Stan Dawidowski
Hesan Mazaheri
Hesan Mazaheri
18-20 Russell Street, Melbourne, Vic 3000
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      Property ID: 504711244

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