Savills | 43-45 Herbert St, PARKDALE | Properties for sale
2,004 sq m
Price on application

43-45 Herbert StPARKDALE

    Key features

    • 15 Year Lease Plus Options
    • $517,000pa* + GST and Outgoings
    • Land Tax Exempt Property

    Under Contract

    About this property

    • The key attributes of this premium bayside investment include:

      • High quality 60 bed Aged Care Home
      • 15 year lease with two further 5 year options
      • Current net rental of $517,000 per annum + GST and outgoings
      • Land Tax Exempt property
      • High quality building of 1,960sq m*
      • Significant bayside landholding of 2,004sqm*
      • General Residential Zone 2 (GRZ2)
      • Prime position 400m from Parkdale Beach
      • Surrounded by an abundance of amenity in nearby Mentone and Mordialloc, including full line supermarkets, prestigious schools, public transport and public open spaces

      Under Contract

      The opportunity to secure a high quality and proven aged care investment is extremely rare, especially when you consider the location, quality of the tenant, and the underlying land content. Accordingly we encourage prospective purchasers to actively consider this blue-chip investment opportunity.

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

      Amicum Agents:
      John Newman 0418 313 523
      Glen O'Brien 0431 602 978
      Phil Kadletz 0413 548 174


    Available space

    LevelTenancySale TypePriceAreaSqmStatus
    n aExpression of Interest2004.00sq mAvailable