200 High Street

Templestowe Lower VIC 3107

Consistent tenancy expansions and common area CAPEX expenditure sees the property presented to a high quality modern standard with the asset established for continued long-term success and market dominance.

OVERVIEW
+Premium tenancy mix anchored by the country's most desirable medical tenants including Nexus Day Hospitals, Capital Radiology, Sonic Healthcare & a powerhouse General Practice at consistent capacity and operating for over 20 years*

+Annual income of approx. $2,994,155pa* + GST & Outgoings (Land Tax also payable by select tenancies)

+WALE of 6.3 Years* with further immediate extension potential, given existing tenant negotiations and expansions

+Significant recent CAPEX expenditure across common areas, expanded tenancies and building services

+High quality improvements across 6-levels and a building area of 5,109sqm*

+Underlying corner landholding of 8,376sqm* with multiple points of access and egress

+Further value add potential via building expansion over open air parking bays (STCA)

LOCATION
+Corner site with combined street exposure of 90m* to both Manningham Road and High Street Two of the area's most trafficked arterials linking Westfield Doncaster and Melbourne CBD (12km*)

+Within one of Victoria's most affluent suburbs featuring a median house price of $1,375,000

+ Situated within Melbourne's esteemed eastern corridor which encompasses prestigious inner-city suburbs such as Hawthorn, Camberwell, Kew, Glen Iris, Box Hill and Glen Waverley

+Significant surrounding retail and education amenity including Devon Plaza (20m*), Woolworths (25m*), Westfield Doncaster (1km*), Templestowe College (865m*) and Doncaster Secondary (1.9km*)

+Well connected to public transport and roadway infrastructure with both Doncaster and Bulleen Park & Ride bus hubs within immediate proximity and the Eastern Freeway only minutes away.

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 19TH OCTOBER 2023 AT 2:00PM (AEDT)

For further information contact Australia's market leading Healthcare & Social Infrastructure specialists.

Sandro Peluso
+61 418 389 757

Marcello Caspani-Muto
+61 417 065 777

Jimmy Tat
+61 439 399 118

*approx.