83D Purnell Road, Corio, VIC 3214

Medical | Retail

For Sale Contact Agent

  • Property ID: 341623
  • Floor Area: 467m²
  • Land Area: 880m²
  • Occupancy: Vacant
  • NBN Availability: Build Commenced
Long Established Medical Practice

JLL is pleased to present Corio Village Medical Practice - 83D Purnell Road, Corio

·  Established medical centre in prime location adjoining Corio Central shopping centre.
·  Fully leased to Corio Village Medical Practice since 1996.
·  Defensive and non-cyclical income profile.
·  Brand new lease to 2022 with options to 2031.
·  Net Income of $210,240.
·  In built rental growth of 3.5% per annum.
·  Net Lease with tenant paying all outgoings.
Corio Village Medical Practice is situated in the heart of Corio, adjoining the Corio Central Shopping Centre anchored by Woolworths, Coles and Kmart, with 6 mini majors, 85 specialty shops and 16 offices. The property benefits from exceptional connectivity, situated 1.2km from the Geelong Ring Road, providing direct connectivity to the Princes Freeway (Melbourne Road) and approx. 50 minute drive-time to Melbourne.
83D Purnell Road, Corio presents a high quality medical centre. The asset is fully leased to a long standing medical practice which has been in the area for more than 25 years. The centre also incorporates a range of Allied Health including Psychology, Podiatry and Audiology. The building and landscaping are both attractive and well-maintained whilst the internal layout is spacious and flooded with natural light. A conference room, staff amenities and archive storage are all located on the upstairs level.

JLL has the pleasure to offer for sale, Corio Village Medical Practice, located at 83D Purnell Road, Corio VIC, via Offers to Purchase closing Friday, 6 September at 2pm AEST.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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