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JLL - Sydney

111-115 Plenty Road Bundoora, VIC 3083

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111-115 Plenty Road,
Bundoora, VIC 3083

Medical & Consulting

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JLL - Sydney
Simon Quinn

JLL - Sydney

Level 27, 180 George Street
SYDNEY, NSW 2000
JLL - Sydney
111-115 Plenty Road
Bundoora, VIC 3083

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PROUDLY SOLD BY JLL HEALTHCARE & LIFE SCIENCES

  • National Operator I-Med Radiology
  • Purpose-built single level clinic
  • Rare annual 5% fixed increases
JLL Healthcare & Life Sciences have the exclusive privilege of offering for sale this purpose-built healthcare investment I-Med Bundoora, at 111-115 Plenty Road, Bundoora.

Key details of this key social infrastructure asset include:

+ Leased to market-leading operator I-MED Radiology Network with over 230 clinics nationally
+ Established 540sqm* radiology clinic with at-grade car parking for 37 cars
+ Current net rent $281,707 per annum* + GST & Outgoings (as at 1 Jul 2024)
+ Annual fixed 5% rental increases
+ Well-established clinic with lease options until July 2030 and over 30 years of operating experience in the local community
+ Significant Residential Growth landholding of 2,299sqm*
+ Over 54 metres* of high profile frontage to Plenty Road providing optimal exposure with 40,000-45,000^ cars passing daily
+ First time offered in 32 years!
+ Positioned moments away from Bundoora Square, unpinned by leading retailers including Woolworths, Coles, Australia Post, Chemist Warehouse and more
+ Rising utilisation of healthcare services due to increased government funding which is focused on making healthcare more affordable and accessible
+ Australia spent an estimated $241.3 billion on health goods and services in 2020 – 2021 – this is an average of approximately $9,365 per person ^^

*Approx.
^ VicRoads
^^ Trade Area Analysis Report 2021

To obtain further information, please contact the exclusive selling agent.

Mark Stafford | 0404 401 0...
Simon Quinn | 0409 261 2...
MingXuan Li 李名 轩 | 0498 688 9...

Property ID: 504518540Last Updated: 28 Mar 2024

JLL - Sydney
Level 27, 180 George Street
SYDNEY, NSW 2000
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