111-115 Plenty Road Bundoora VIC 3083

JLL Healthcare & Life Sciences have the exclusive privilege of offering for sale this purpose-built healthcare investment I-Med Bundoora, at 111-115 Plenty Road, Bundoora.

Key details of this key social infrastructure asset include:
+ Leased to market-leading operator I-MED Radiology Network with over 230 clinics nationally
+ Established 570sqm* radiology clinic with at-grade car parking for 37 cars
+ Current net rent $285,407 per annum* + GST & Outgoings (as at 1 Jul 2024)
+ Annual fixed 5% rental increases
+ Well-established clinic with lease options until July 2030 and over 30 years of operating experience in the local community
+ Significant Residential Growth landholding of 2,299sqm*
+ Over 54 metres* of high profile frontage to Plenty Road providing optimal exposure with 40,000-45,000^ cars passing daily\
+ First time offered in 32 years!
+ Positioned moments away from Bundoora Square, unpinned by leading retailers including Woolworths, Coles, Australia Post, Chemist Warehouse and more
+ Rising utilisation of healthcare services due to increased government funding which is focused on making healthcare more affordable and accessible
+ Australia spent an estimated $241.3 billion on health goods and services in 2020 2021 this is an average of approximately $9,365 per person ^^

*Approx.
^ VicRoads
^^ Trade Area Analysis Report 2021

To obtain further information, please contact the exclusive selling agent.

Mark Stafford | 0404 401 053
Simon Quinn | 0409 261 276
MingXuan Li   | 0498 688 998

+ Leased national operator I-MED Radiology Network
+ Purpose-built single level 570sqm* radiology clinic
+ Rare annual 5% fixed increases