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Suites 1 2 6 and 7 529 Police Rd Mulgrave, 529 Police Road, Mulgrave, VIC, 3170
Mulgrave
JLL is pleased to offer for sale the Healthe Care Collection at 529 Police Road, Mulgrave, comprising four medical suites all leased to healthe care and strategically positioned directly opposite Mulgrave Private Hospital.
The asset offers an affordable investment opportunity that is underpinned by a top-tier tenant covenant that is rarely offered to the market.
Key highlights of this investment include:
Current rent of $226,354 per annum^
Long-term leases with options until 2032
Highly desirable annual review structure with fixed 5% increases
Four ground level units comprising a total area of 380sqm*
Strategic and unrepeatable position directly opposite Healthe Care operated Mulgrave Private Hospital with 242 registered beds
Dan Valley Heights Medical Suites comprise 14 well-designed suites ideally catering to medical operators, with high-profile operators such as Sonic Healthcare, Healthe Care and Dorevitch all located within the development
Value-add opportunity with unit amalgamation unlocking the underlying 4,807sqm* landholding with dual frontages opposite a major private hospital.
High exposure location with dual frontages including prominent Police Road presence, offering easy and convenient patient and staff access
Ideally located just 1.8km* from Waverley Gardens Shopping Centre and just moments from both Eastlink and the Monash Freeway, offering excellent connectivity to surrounding suburbs.
Rising utilisation of healthcare services due to increased government funding which is focused on making healthcare more affordable and accessible, coupled with the surging local population seeing strong demand for local services
*Approx.
^ Excluding GST and Outgoings
The Healthe Care Collection is for sale via an Expressions of Interest (EOI) campaign closing Thursday 24th June 2025 at 2:00pm (AEST) unless sold prior.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Mark Stafford
M: +61 404 401 053
Thomas Thorsen
M: +61 488 444 022
Remember to mention you found this property on CommercialReady
JLL is pleased to offer for sale the Healthe Care Collection at 529 Police Road, Mulgrave, comprising four medical suites all leased to healthe care and strategically positioned directly opposite Mulgrave Private Hospital.
The asset offers an affordable investment opportunity that is underpinned by a top-tier tenant covenant that is rarely offered to the market.
Key highlights of this investment include:
Current rent of $226,354 per annum^
Long-term leases with options until 2032
Highly desirable annual review structure with fixed 5% increases
Four ground level units comprising a total area of 380sqm*
Strategic and unrepeatable position directly opposite Healthe Care operated Mulgrave Private Hospital with 242 registered beds
Dan Valley Heights Medical Suites comprise 14 well-designed suites ideally catering to medical operators, with high-profile operators such as Sonic Healthcare, Healthe Care and Dorevitch all located within the development
Value-add opportunity with unit amalgamation unlocking the underlying 4,807sqm* landholding with dual frontages opposite a major private hospital.
High exposure location with dual frontages including prominent Police Road presence, offering easy and convenient patient and staff access
Ideally located just 1.8km* from Waverley Gardens Shopping Centre and just moments from both Eastlink and the Monash Freeway, offering excellent connectivity to surrounding suburbs.
Rising utilisation of healthcare services due to increased government funding which is focused on making healthcare more affordable and accessible, coupled with the surging local population seeing strong demand for local services
*Approx.
^ Excluding GST and Outgoings
The Healthe Care Collection is for sale via an Expressions of Interest (EOI) campaign closing Thursday 24th June 2025 at 2:00pm (AEST) unless sold prior.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Mark Stafford
M: +61 404 401 053
Thomas Thorsen
M: +61 488 444 022
Remember to mention you found this property on CommercialReady
Suites 1 2 6 and 7 529 Police Rd Mulgrave, 529 Police Road, Mulgrave, VIC, 3170
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
