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957 Mt Alexander Road, Essendon VIC 3040957 Mt Alexander Road, ESSENDON
Key features
- Strong Rental Income of $302K+ p.a.
- 27 Rooms all with Ensuites
- Permit For 47 Apartments + Retail
Securely Leased Healthcare Asset - Essendon
About this property
For Private Sale
Savills is delighted to offer for sale this premium aged care investment located at 957 Mt Alexander Road, Essendon.
Key attributes of the property include:
• Prime landholding of 1,380sqm*
• Two level purpose built aged care facility comprising 27 rooms all with ensuites
• Features secure on-grade parking, commercial kitchen/laundry and multiple common areas
• Strong rental return of $302,683 p.a.* + GST & Outgoings
• Flexible Commercial 1 Zone – allowing a variety of uses and development outcomes
• Permit approved for a mixed-use project comprising 47 apartments + commercial
• Tram at doorstep and walking distance to Essendon Train Station (680m*)
• Located in close proximity to a broad range of retail, hospitality and lifestyle amenity
*Approximate
For further information please contact:
Julian Heatherich - 0412995655
James Latos - 0422604900
Available space
| Level | Tenancy | Sale Type | Price | AreaSqm | Status |
|---|---|---|---|---|---|
| n a | Private Treaty | 1380.00sq m |