Watch Watch
Your home of Commercial Ready videos
Watch Watch
Back
Sold Check

111-115 Plenty Road, Bundoora, VIC, 3083

+12 Photos
/
Images
Close

111-115 Plenty Road, Bundoora, VIC, 3083

Bundoora

×
Sold Check
+14 Photos

111-115 Plenty Road, Bundoora, VIC, 3083

Bundoora

SOLD
111-115 Plenty Road, Bundoora, VIC, 3083

111-115 Plenty Road, Bundoora, VIC, 3083

Properties / Sold / Victoria / Bundoora
Tenanted Investment
Selling Method
SOLD
Selling Details
SOLD
Land Area
2,299 m² (*approx)
Floor Area
540 m² (*approx)
Property Type
Health/Medical, Land, Offices
Sub-type
Health Care & Medical, Consulting Rooms, Office Suites
Est. Income
$285,407 p/a
Fully Leased
I-MED Radiology Network
Show All
Long Standing Specialist Healthcare Investment Leased to National Operator
  • Leased to I-MED Radiology Network
  • Purpose-built 570sqm* radiology clinic
  • Rare annual 5% fixed increases

JLL Healthcare & Life Sciences have the exclusive privilege of offering for sale this purpose-built healthcare investment I-Med Bundoora, at 111-115 Plenty Road, Bundoora.

Key details of this key social infrastructure asset include:

+ Leased to market-leading operator I-MED Radiology Network with over 230 clinics nationally

+ Established 570sqm* radiology clinic with at-grade car parking for 37 cars

+ Current net rent $285,407 per annum* + GST & Outgoings (as at 1 Jul 2024)

+ Annual fixed 5% rental increases

+ Well-established clinic with lease options until July 2030 and over 30 years of operating experience in the local community

+ Significant Residential Growth landholding of 2,299sqm*

+ Over 54 metres* of high profile frontage to Plenty Road providing optimal exposure with 40,000-45,000^ cars passing daily\

+ First time offered in 32 years!

+ Positioned moments away from Bundoora Square, unpinned by leading retailers including Woolworths, Coles, Australia Post, Chemist Warehouse and more

+ Rising utilisation of healthcare services due to increased government funding which is focused on making healthcare more affordable and accessible

+ Australia spent an estimated $241.3 billion on health goods and services in 2020 – 2021 – this is an average of approximately $9,365 per person ^^

*Approx.

^ VicRoads

^^ Trade Area Analysis Report 2021

I-Med Bundoora is For Sale by International Expressions of Interest closing Wednesday 20 March at 2pm

To obtain further information or to arrange an inspection, please contact the exclusive selling agent.

Mark Stafford | 0404 401 053

Simon Quinn | 0409 261 276

MingXuan Li 李名 轩 | 0498 688 998

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

111-115 Plenty Road Investment Summary

Property Type
Health/Medical, Land, Offices
Sub-type
Health Care & Medical, Consulting Rooms, Office Suites
Est. Income
$285,407 p/a
Tenant
I-MED Radiology Network
Land Area
2,299 m² (*approx)
Floor Area
540 m² (*approx)
Selling Method
SOLD
Selling Details
SOLD

Investment Highlights

Long Standing Specialist Healthcare Investment Leased to National Operator
  • Leased to I-MED Radiology Network
  • Purpose-built 570sqm* radiology clinic
  • Rare annual 5% fixed increases

JLL Healthcare & Life Sciences have the exclusive privilege of offering for sale this purpose-built healthcare investment I-Med Bundoora, at 111-115 Plenty Road, Bundoora.

Key details of this key social infrastructure asset include:

+ Leased to market-leading operator I-MED Radiology Network with over 230 clinics nationally

+ Established 570sqm* radiology clinic with at-grade car parking for 37 cars

+ Current net rent $285,407 per annum* + GST & Outgoings (as at 1 Jul 2024)

+ Annual fixed 5% rental increases

+ Well-established clinic with lease options until July 2030 and over 30 years of operating experience in the local community

+ Significant Residential Growth landholding of 2,299sqm*

+ Over 54 metres* of high profile frontage to Plenty Road providing optimal exposure with 40,000-45,000^ cars passing daily\

+ First time offered in 32 years!

+ Positioned moments away from Bundoora Square, unpinned by leading retailers including Woolworths, Coles, Australia Post, Chemist Warehouse and more

+ Rising utilisation of healthcare services due to increased government funding which is focused on making healthcare more affordable and accessible

+ Australia spent an estimated $241.3 billion on health goods and services in 2020 – 2021 – this is an average of approximately $9,365 per person ^^

*Approx.

^ VicRoads

^^ Trade Area Analysis Report 2021

I-Med Bundoora is For Sale by International Expressions of Interest closing Wednesday 20 March at 2pm

To obtain further information or to arrange an inspection, please contact the exclusive selling agent.

Mark Stafford | 0404 401 053

Simon Quinn | 0409 261 276

MingXuan Li 李名 轩 | 0498 688 998

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

Finance Calculator

111-115 Plenty Road, Bundoora, VIC, 3083

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
$xxx,xxx
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 111-115 Plenty Road, Bundoora, VIC, 3083

Property Map
111-115 Plenty Road, Bundoora, VIC, 3083 Bundoora
calculator-icon Yield Calculator
calcultor-icon Yield Calculator