73-79 Little Ryrie Street, Geelong, VIC 3220

Medical | Offices

Sold

  • Property ID: 369937
  • Floor Area: 4937m²
  • Land Area: 2751m²
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 4937m2 2751m2 N/A
HEALTHY INVESTMENT OPPORTUNITY - GEELONG PRIVATE MEDICAL CENTRE

73-79 Little Ryrie Street, Geelong

CBRE Victorian Health, Aged and Child Care, acting under instruction from Receivers and Managers KPMG, are delighted to offer for sale the Geelong Private Medical Centre.

Rarely does an offering of this calibre in the health sector publicly come to the market, mostly underpinned by an ASX listed tenant - Healthscope - Australia's second largest private hospital operator. Since its establishment in 1985, Healthscope has expanded to operate 45 hospitals and 48 medical centres across Australia, with over 18,000 employees nationally.

- Modern 4 level medical centre built circa 2010, plus attractive
depreciation benefits

- Building area of 4,937sqm net* consisting consulting tenancies, general practice and administration offices, plus ground level cafA© and 174* car spaces (all but 18 spaces are within basement)

- Various medical tenants underpinned by major occupier being ASX listed Healthscope Operations, plus car park operator

- Potential fully leased net income $2,100,000 p.a*

- Linked to adjoining Geelong Private Hospital via air bridge, with precinct further supported by Barwon Health Geelong Hospital

- Central Geelong CBD location surrounded by vast retail, entertainment and dining amenity, close to Geelong foreshore, train station and Deakin University

Final stages Expressions of Interest closing Thursday 9th February 2017.

*approx

Julian White
+61 422 764 137

Scott Orchard
+61 425 760 712

Sandro Peluso
+61 418 389 757

Kiran Pillai
+61 438 371 172

Geelong Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $776 ---
Retail --- $250 ---
This is the average advertised price, rent and yield for Geelong, VIC 3220*
* 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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