340-344 Springvale RdSPRINGVALE

The key attributes of this outstanding asset include:

- Quality 71 bed residential aged care facility
- High profile corner landholding of 4,347sq m*
- New 6 year lease to Japara Aged Care Services Pty Ltd, a wholly owned subsidiary of ASX listed Japara Ltd
- Net Rental: $750,000 per annum
- Recent $2.6m CAPX providing significant depreciation benefits
- Favourable Commercial 1 Zone within the Springvale Activity Centre
- Rare Social Infrastructure Investment opportunity
- Strong occupancy attributed to a host of immediate lifestyle amenity
- Direct proximity to Springvale Shopping Centre, Springvale Train Station, parks and recreation facilities
*Approx.

EOI Closed - Offers Under Review

Savills Agents:
Julian Heatherich: 0412 995 655
Benson Zhou: 0458 488 888
Mark Stafford: 0404 401 053