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17-21 Vernon Street, South Kingsville, VIC, 3015

2. Property Highlights

  • 575 square metre* of total building
  • Existing medical centre ready to occupy
  • Six on-title car parks via rear laneway

CBRE Melbourne Metropolitan Sales is pleased to present a prominent medical centre + Amcal pharmacy investment located in a tightly held catchment area in Melbourne's inner west.

This high quality investment and occupier opportunity can be summarised by the following key attributes:

Investment Opportunity:

+ Existing lease to longstanding essential services tenant Amcal Pharmacy (17 Vernon Street)

+ Month-by-month lease to Hobson's Bay Clinic (21 Vernon Street)

+ High quality and recently refurbished full medical centre/office headquarters offered with Vacant Possession ready to occupy (19 Vernon Street)

+ Ability to secure major medical tenant across 19 & 21 Vernon Street or lease 19 & 21 separately for diversified income stream

Occupier Opportunity:

+ Fully refurbished and renovated existing medical centre comprising nine (9) exam rooms, waiting room, reception area, major meeting and breakout room

+ Multiple entrances to the building with additional disabled access via rear car park with opportunity to amalgamate with neighbouring tenancy on month-by-month lease for large medical centre or office headquarters

+ Benefitting from six (6) on-title rear car spaces as well as customer car parking on Vernon Street


+ Tightly held South Kingsville activity centre with strong residential catchment area with limited supply of retail, hospitality and office/medical offerings

+ South Kingsville is strategically located between Yarraville, Spotswood and Williamstown with excellent arterial road connectivity with Melbourne Road, Blackshaws Road and immediate access to Westgate Freeway

+ High growth inner-west suburb only 7.5km's* from the Melbourne CBD with a median house price of over $1,100,000 and population set to grow by 65% by 2041

17-21 Vernon Street, South Kingsville is For Sale Via Expressions of Interest Campaign closing Thursday 4th July 2024 at 2:00pm (AEST)

For further information please contact the exclusive sales and marketing agents at CBRE:

Alex Brierley

+61 447 974 447

Nathan Mufale

+61 421 224 354

Jing Jun (JJ) Heng王敬君 (中文普通话咨询物业详情)

+61 411 059 116 (电子邮件)

jheng1206 (微信)

Jimmy Tat

+61 439 399 118

*Denotes Approx.

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3. Property Location

17-21 Vernon Street, South Kingsville, VIC, 3015

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4. Due Diligence

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