Watch Watch
Your home of Commercial Ready videos
Watch Watch
Back

957 Mt Alexander Road, Essendon, VIC, 3040

+11 Photos
/
Images
Close

957 Mt Alexander Road, Essendon, VIC, 3040

Essendon

×
+13 Photos

957 Mt Alexander Road, Essendon, VIC, 3040

Essendon

957 Mt Alexander Road, Essendon, VIC, 3040

957 Mt Alexander Road, Essendon, VIC, 3040

Properties / Buy / Victoria / Essendon
Tenanted Investment
Selling Method
For Sale
Selling Details
Contact the Savills team Today
Land Area
1,380 m² (*approx)
Property Type
Health/Medical, Retail, Land
Sub-type
Aged Care/Retirement
Est. Income
$302,683 p/a
Show All
Securely Leased Healthcare Asset - Essendon
  • Strong Rental Income of $302K+ p.a.
  • 27 Rooms all with Ensuites
  • Permit For 47 Apartments + Retail

EOI CLOSED - Offers Under Review

Savills is delighted to offer for sale this premium aged care investment located at 957 Mt Alexander Road, Essendon.

Key attributes of the property include:

• Prime landholding of 1,380sqm*

• Two level purpose built aged care facility comprising 27 rooms all with ensuites

• Features secure on-grade parking, commercial kitchen/laundry and multiple common areas

• Strong rental return of $302,683 p.a.* + GST & Outgoings

• Flexible Commercial 1 Zone – allowing a variety of uses and development outcomes

• Permit approved for a mixed-use project comprising 47 apartments + commercial

• Tram at doorstep and walking distance to Essendon Train Station (680m*)

• Located in close proximity to a broad range of retail, hospitality and lifestyle amenity

*Approximate

For further information please contact:

Julian Heatherich - 0412995655

Benson Zhou - 0458488888

James Latos - 0422604900

Tanya Su - 0430302950 (WeChat 微信号:741067426)

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Tenanted Investment

957 Mt Alexander Road Investment Summary

Property Type
Health/Medical, Retail, Land
Sub-type
Aged Care/Retirement
Est. Income
$302,683 p/a
Land Area
1,380 m² (*approx)
Selling Method
For Sale
DATAROOM AVAILABLE
Request Access
Selling Details
Contact the Savills team Today

Investment Highlights

Securely Leased Healthcare Asset - Essendon
  • Strong Rental Income of $302K+ p.a.
  • 27 Rooms all with Ensuites
  • Permit For 47 Apartments + Retail

EOI CLOSED - Offers Under Review

Savills is delighted to offer for sale this premium aged care investment located at 957 Mt Alexander Road, Essendon.

Key attributes of the property include:

• Prime landholding of 1,380sqm*

• Two level purpose built aged care facility comprising 27 rooms all with ensuites

• Features secure on-grade parking, commercial kitchen/laundry and multiple common areas

• Strong rental return of $302,683 p.a.* + GST & Outgoings

• Flexible Commercial 1 Zone – allowing a variety of uses and development outcomes

• Permit approved for a mixed-use project comprising 47 apartments + commercial

• Tram at doorstep and walking distance to Essendon Train Station (680m*)

• Located in close proximity to a broad range of retail, hospitality and lifestyle amenity

*Approximate

For further information please contact:

Julian Heatherich - 0412995655

Benson Zhou - 0458488888

James Latos - 0422604900

Tanya Su - 0430302950 (WeChat 微信号:741067426)

Remember to mention you found this property on CommercialReady

Read More
Dataroom

Finance Calculator

957 Mt Alexander Road, Essendon, VIC, 3040

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:

Property price based on our
internal data modelling and market trends.

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

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
$xxx,xxx
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 957 Mt Alexander Road, Essendon, VIC, 3040

Property Map
Enquire
calculator-icon Yield Calculator
calcultor-icon Yield Calculator