116-118 Derrimut Road, Hoppers Crossing, VIC 3029

Medical | Offices | Development/Land

For Sale or Lease $2,100,000

  • Property ID: 359705
  • Floor Area: 402m²
  • Land Area: 1744m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Main Road Corner Medical Centre Opposite Pacific Werribee Plaza

Excellent opportunity to secure a prime main road Medical Centre for Sale or Lease. The subject property is located on a high exposure corner directly opposite Pacific Werribee Plaza which recently underwent a $400M* redevelopment and has an estimated 14 million shoppers that visit the centre annually.^

Strategically positioned within the Heaths Road medical precinct and benefiting from huge exposure to passing motorists, the site is further enhanced by 50m* frontage to Derrimut Road, flexibility of 3 titles ensuring suitability for a multitude of uses, future value add or development (STCA) and the capacity for 7 medical practitioners to operate across the site.

Property Summary:
- Lots to be sold as one
- Total site area: 1,744m2*
- Total building area: 402m2*
- 50m* street frontage
- Dual street access
- 3 titles

Lot 1: Car Park
- Land area of 591m2*
- Fully concreted and sealed
- 13 car spaces allocated
- Corner position
- Access via Baggott Drive

Lot 2: 118 Derrimut Road
- Land area of 571m2*
- Total building area of 240m2*
- Permit for 5 medical practitioners
- 5 consulting rooms plus additional dedicated office areas
- Adjoining car park to service customer/practitioner parking
- Fully air-conditioned
- Excellent staff amenities
- Ample on-site parking
- Excellent natural light
- Will suit a wide variety of occupiers (STCA)

Lot 3: 116 Derrimut Road
- Land area of 583m2*
- Building area of 210m2*
- 3 Consulting rooms
- Potential permit for 2 medical practitioners
- Currently leased on a month to month tenancy to "Wings Of Wellness" Psychology practice
- Returning $34,000 pa inclusive of GST and outgoings
- Staff amenities
- Potential for drive through car park at rear - 7 cars

Strategically located within one of the fastest growing corridors in Melbourne's west, the property is within close proximity to the new Williams Landing Residential community and is bounded by major arterials including Heaths Road/Old Geelong Road and Princes Highway.

For further information please contact CVA Property Consultants.

*Approx.
^ Source: qicgre.com
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate/ Upon settlement
  • Lease Term: Long lease available
  • Rent Review: Annually
  • Car Spaces: 23 on site total (16 service 118)
  • Condition: Excellent
  • Air Conditioning: Yes
  • Floors: Carpet
  • Lifts: No
  • Height: 3 metres*
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: TBA
  • Land Tax: TBA
  • Council Rates: TBA
Hoppers Crossing Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $474 ---
Offices $5224 $179 3.43%
Industrial $1608 $114 7.09%
This is the average advertised price, rent and yield for Hoppers Crossing, VIC 3029*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

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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