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252 Wickham Road, Highett, VIC, 3190
Highett
CBRE Australian Healthcare & Social Infrastructure is pleased to offer for sale 252 Wickham Road, Highett – A trophy Hospital Investment fully leased to the Greencross Pet Wellness Company (Trading as AEC – Animal Emergency Centre).
With a demonstrated track record of success spanning over 50 years from the same location, the property features brand-new hospital and consulting improvements, akin to those seen in a a traditional Private Hospital. A land-rich and high exposure location coupled with one of the commercial property markets most desirable tenants, make this an appealing opportunity for any astute investor.
Overview:
+A-Grade improvements with the subject property fully repurposed to the highest of day hospital standards including 3 operating theatres, 2 imaging rooms and supporting consulting and office amenity
+Fully leased to Greencross Pet Wellness Company (Trading as Animal Emergency Centre) – one of the Australia’s largest veterinary providers with 24 hospitals and 260 clinics in operation*
+Annual income of $553,350 + Outgoings and GST with fixed 3.5% annual increases
+New Ten (10) year lease with two (2) further five (5) year options with an underlying land area of 1,820sqm*
+Greencross is majority owned by TPG Capital with USD $239 billion under management with additional security provided via minority owners Australian Super and The Ontario Teachers Pension Plan
Location:
+Existing site history with Greencross having relocated from the adjoining property with a 50+ year trading history of success
+Brand new development precinct with the subject property featuring new roadways, infrastructure, parking and a mixture of 8 large format retail and industrial offerings at the rear
+Established high exposure location across a mixture of retail users with circa 25m* street frontage
+Surrounded by a hive of leading retailers including Campion Education, Fort Knox, Vinnies and more
+Land-rich inner-city location with Highett featuring a median house price of circa $1,500,000 as at Jan-25
For Sale via international expressions of interest closing Tuesday 8th April 2025 at 2:00pm (AEDT)
For further information, please contact the exclusive sale/leasing and marketing agents:
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
CBRE Australian Healthcare & Social Infrastructure is pleased to offer for sale 252 Wickham Road, Highett – A trophy Hospital Investment fully leased to the Greencross Pet Wellness Company (Trading as AEC – Animal Emergency Centre).
With a demonstrated track record of success spanning over 50 years from the same location, the property features brand-new hospital and consulting improvements, akin to those seen in a a traditional Private Hospital. A land-rich and high exposure location coupled with one of the commercial property markets most desirable tenants, make this an appealing opportunity for any astute investor.
Overview:
+A-Grade improvements with the subject property fully repurposed to the highest of day hospital standards including 3 operating theatres, 2 imaging rooms and supporting consulting and office amenity
+Fully leased to Greencross Pet Wellness Company (Trading as Animal Emergency Centre) – one of the Australia’s largest veterinary providers with 24 hospitals and 260 clinics in operation*
+Annual income of $553,350 + Outgoings and GST with fixed 3.5% annual increases
+New Ten (10) year lease with two (2) further five (5) year options with an underlying land area of 1,820sqm*
+Greencross is majority owned by TPG Capital with USD $239 billion under management with additional security provided via minority owners Australian Super and The Ontario Teachers Pension Plan
Location:
+Existing site history with Greencross having relocated from the adjoining property with a 50+ year trading history of success
+Brand new development precinct with the subject property featuring new roadways, infrastructure, parking and a mixture of 8 large format retail and industrial offerings at the rear
+Established high exposure location across a mixture of retail users with circa 25m* street frontage
+Surrounded by a hive of leading retailers including Campion Education, Fort Knox, Vinnies and more
+Land-rich inner-city location with Highett featuring a median house price of circa $1,500,000 as at Jan-25
For Sale via international expressions of interest closing Tuesday 8th April 2025 at 2:00pm (AEDT)
For further information, please contact the exclusive sale/leasing and marketing agents:
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
252 Wickham Road, Highett, VIC, 3190
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
