440 Station Street, Bonbeach, VIC 3196

Medical | Hotel/Leisure | Retail

For Sale Contact Agent

  • Property ID: 384643
  • Floor Area: 2120m²
  • Land Area: 3066m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Prized Aged Care Investment

Savills is delighted to offer for sale this premium residential aged care facility at 440 Station Street, Bonbeach. This major healthcare investment opportunity is a rare opportunity to invest in an essential Australian service, which is underpinned by a brand new lease to a blue-chip operator and in a prime bayside location.
The key attributes of this premium investment include:
• High quality 65 bed aged care facility
• Brand new 6 year lease with 3 x 4 year options to a wholly owned subsidiary of ASX listed Japara Ltd
• Net rental of $600,000 per annum + GST & Outgoings
• Significant refurbishment completed in 2018
• Land area of 3,066sq m*
• General Residential 2 Zoning
• Prime position just 500m* from Bonbeach Beach and situated within Melbourne’s prestigious bayside region
This property is offered alongside 12-16 Capel Avenue, Capel Sound with the ability to secure these aged care investments individually or together.
For Private Sale
Savills Agents:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888

Bonbeach Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $300 ---
Retail --- $300 ---
Industrial $1385 --- ---
This is the average advertised price, rent and yield for Bonbeach, VIC 3196*
* 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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