Level 2/999 Nepean Highway, Moorabbin

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Saturday, 26th November 2022

Fully Leased Medical Government Investment

Nichols Crowder is pleased to present a unique opportunity to acquire a highly secure medical investment, located within a landmark office building in the heart of Moorabbin and adjoining the Moorabbin train station.

Investment attributes include:

* Head tenant: Alfred Health
* Been in occupation for 16 years
* Lease renewed with options through to 2031
* Total net income of $437,453 p.a.
* Fixed rental increases
* High yielding investment opportunity

Key features include:

* Whole top floor: 1,359sqm*
* 36 secure car spaces (17 occupied by Alfred Health)
* Adjacent to Moorabbin train station and bus services
* Excellent retail amenities, popular cafes & eateries, all within walking distance
* Popular medical destination coupled with the recent opening of Holmesglen Private Hospital on South Road

For further details or to arrange an inspection please contact:

Matt Nichols 0418 186 488
Julian Vautin 0420 406 660

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.

*All enquirers must provide a contact number if they wish to be contacted.

Put your property with the Leaders of the South East

We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

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