AN ICONIC OPPORTUNITY TO OCCUPY OR VALUE ADD IN THE CITY OF STONNINGTON – A FLAGSHIP MUNICIPALITY
CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 241 Dandenong Road, Windsor – A highly regarded former residential Aged Care home suited to a wide range of end users including occupiers, investors and more.
OVERVIEW
+ Blue-chip and highly regarded former residential Aged Care facility with 60 beds (all single rooms with en-suite) maintained to the highest of standards and ready for immediate occupation
+ Existing 3 level building envelope with a potential built form to exceed this as per independent planning advice (STCA)
+ Projected fully leased income of $570,000p.a* plus
+ Substantial landholding of 1,704sqm* - One of the largest land parcels offered in the City of Stonnington in recent times
+ Existing building area of 2,296sqm* (RACF) offered with vacant possession
+ High exposure location with 25m* frontage to Dandenong Road / Princes Highway with 34,000+* vehicles passing daily
+ Well suited to a variety of outcomes including, Residential Aged Care, Supported Residential Services, Land banking, NDIS Accommodation, Healthcare and more (STCA)
LOCATION
+ Blue-chip location within one of Australia’s most desirable municipalities plus favourable Residential Growth Zoning
+ Strong underlying land value with the City of Stonnington featuring a median house price exceeding $2,000,000*
+ Ideally positioned within immediate proximity to the Iconic Windsor/St Kilda Healthcare precinct featuring The Avenue Hospital, Windsor Private Hospital, Cabrini Hospital, Masada Private Hospital and The Alfred
+ A stone's throw to dense retail and educational amenity including, St Mary’s School, King David School, Coles, Woolworths and the Chapel Street and Williams Road retail strips
EXPRESSIONS OF INTEREST CLOSED - OFFERS UNDER REVIEW
Contact below to register for inspection:
Sandro Peluso
+61 418 389 757
Marcello Caspani-Muto
+61 417 065 777
Jimmy Tat
+61 439 399 118
approx*
Remember to mention you found this property on CommercialReady.com.au
