116-118 Thames Street Box Hill North VIC 3129

CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present The Ekera Medical Centre (116-118 Thames Street, Box Hill).

The lynchpin of the Box Hill Healthcare Precinct, the subject property features an enviable, high-quality tenancy mix anchored by Radiology, IVF, Sports Medicine and Stem Cell users.

Impeccably maintained and featuring a 70kw Solar system, the subject property offers high quality improvements with consistent levels of patient traffic and strong long-term tenant retention potential. A tightly held healthcare hub, seldom do opportunities of such quality become available to the public investment market within the Box Hill healthcare hub.

Overview:

+Fully leased income of $2,154,975 per annum*

+Diversified and enviable tenancy mix with capital intensive improvements ensuring long-term retention across Imaging, Physiotherapy, Sports Medicine, IVF, Stem Cell therapy and more

+Anchored by Imaging Associates (12 locations across VIC) and New Life IVF

+Trophy healthcare holding with impeccable maintenance history and recent upgrades inclusive of 70KW solar system

+Substantial high traffic corner landholding of 1,881sqm* with exposure to both Thames Street and Nelson Road

+Land-rich asset zoned Residential Growth with the site set to benefit from the Box Hill SRL Precinct Structure Plan (2026) with development potential of up to 7* story's as per third party planning advice (STCA)

+WALE of 3.95 years with average annual increases of 4%*

+Multi-level improvements (four storey's) with a total net lettable area of 2,890sqm* plus 119 basement parking spaces

Location:

+At the core of the Box Hill Healthcare Precinct and just meters from Box Hill Public Hospital (Eastern Health) and Epworth Private

+Prime metropolitan suburb located only 13km* from the Melbourne CBD and a target for significant private and public investment

+Strong underlying land value with Box Hill featuring a median house price of $1,550,000 having seen growth of 7.3%* in the past 12 months alone

+Walking distance to significant retail amenity along Whitehorse Road including, Box Hill Central, Station Street Retail and multiple forthcoming hotel, residential and retail projects including Sky One and Trio Box Hill

+Good public transport connectivity with both train, tram and bus services a short distance from the subject property

+Education hotspot with 13+ private and public educational facilities within a 5min drive* of the subject property including Box Hill Institute, Deakin University, Box Hill High School and more

To be sold via international expressions of interest closing on Thursday May 15th 2025 at 2:00pm (AEST).

For further information, please contact the exclusive sales and marketing agents:

Marcello Caspani-Muto
+61 417 065 777

Jimmy Tat
+61 439 399 118

Sandro Peluso
+61 418 389 757

Mark Granter
+61 439 035 433

approx*