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241 Dandenong Road, Windsor, VIC, 3181
Windsor
CBRE Australian Healthcare & Social Infrastructure is proud to exclusively present 241 Dandenong Road, Windsor – A highly regarded former residential Aged Care home suitable for both occupiers and investors within the City of Stonnington.
High quality existing improvements are complimented by a substantial multi-million-dollar renovation completed in 2023 and reducing future building CAPEX requirements
+Blue-chip and highly regarded former residential Aged Care home with 60 beds (all single rooms with en-suites) maintained to the highest of standards and ready for immediate occupation
+Recent multi-million dollar renovation complete in 2023 with high quality finishes modernising the entire ground floor and partial upper levels – reducing inbound renovation costs
+Existing 3 level building envelope with a potential built form to exceed this as per independent planning advice (STCA)
+Projected fully leased income of $700,000p.a*+
+Land rich holding with a substantial area of 1,704sqm* - One of the largest land parcels offered in the City of Stonnington in recent times
+Existing building area of 2,286sqm* (RACF) offered with vacant possession
+High exposure location with 25m* frontage to Dandenong Road / Princes Highway with 34,000+* vehicles passing daily
+Suitable for a variety of outcomes including Residential Aged Care, Land banking, Supported Residential Services , NDIS Accommodation, Healthcare and more.
LOCATION
+High exposure location with 25m* frontage to Dandenong Road / Princes Highway with 34,000+* vehicles passing daily
+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 stones through 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
+Significant demand for boutique and large-scale residential projects with Windsor classified as a “High demand market”
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 18TH JULY 2024
For further information, please contact the exclusive sale and marketing agents:
Marcello Caspani-Muto
+61 417 065 777
Jimmy Tat
+61 439 399 118
Sandro Peluso
+61 418 389 757
approx*
Remember to mention you found this property on CommercialReady
CBRE Australian Healthcare & Social Infrastructure is proud to exclusively present 241 Dandenong Road, Windsor – A highly regarded former residential Aged Care home suitable for both occupiers and investors within the City of Stonnington.
High quality existing improvements are complimented by a substantial multi-million-dollar renovation completed in 2023 and reducing future building CAPEX requirements
+Blue-chip and highly regarded former residential Aged Care home with 60 beds (all single rooms with en-suites) maintained to the highest of standards and ready for immediate occupation
+Recent multi-million dollar renovation complete in 2023 with high quality finishes modernising the entire ground floor and partial upper levels – reducing inbound renovation costs
+Existing 3 level building envelope with a potential built form to exceed this as per independent planning advice (STCA)
+Projected fully leased income of $700,000p.a*+
+Land rich holding with a substantial area of 1,704sqm* - One of the largest land parcels offered in the City of Stonnington in recent times
+Existing building area of 2,286sqm* (RACF) offered with vacant possession
+High exposure location with 25m* frontage to Dandenong Road / Princes Highway with 34,000+* vehicles passing daily
+Suitable for a variety of outcomes including Residential Aged Care, Land banking, Supported Residential Services , NDIS Accommodation, Healthcare and more.
LOCATION
+High exposure location with 25m* frontage to Dandenong Road / Princes Highway with 34,000+* vehicles passing daily
+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 stones through 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
+Significant demand for boutique and large-scale residential projects with Windsor classified as a “High demand market”
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 18TH JULY 2024
For further information, please contact the exclusive sale and marketing agents:
Marcello Caspani-Muto
+61 417 065 777
Jimmy Tat
+61 439 399 118
Sandro Peluso
+61 418 389 757
approx*
Remember to mention you found this property on CommercialReady
241 Dandenong Road, Windsor, VIC, 3181
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
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
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
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
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
