17-21 Vernon Street South Kingsville VIC 3015

CBRE Melbourne Metropolitan Sales is pleased to present a prominent medical centre + Amcal pharmacy investment located in a tightly held catchment area in Melbourne's inner west.

This high quality investment and occupier opportunity can be summarised by the following key attributes:

Investment Opportunity:

+ Existing lease to longstanding essential services tenant Amcal Pharmacy (17 Vernon Street)
+ Month-by-month lease to Hobson's Bay Clinic (21 Vernon Street)
+ High quality and recently refurbished full medical centre/office headquarters offered with Vacant Possession ready to occupy (19 Vernon Street)
+ Ability to secure major medical tenant across 19 & 21 Vernon Street or lease 19 & 21 separately for diversified income stream

Occupier Opportunity:

+ Fully refurbished and renovated existing medical centre comprising nine (9) exam rooms, waiting room, reception area, major meeting and breakout room
+ Multiple entrances to the building with additional disabled access via rear car park with opportunity to amalgamate with neighbouring tenancy on month-by-month lease for large medical centre or office headquarters
+ Benefitting from six (6) on-title rear car spaces as well as customer car parking on Vernon Street

Location:

+ Tightly held South Kingsville activity centre with strong residential catchment area with limited supply of retail, hospitality and office/medical offerings
+ South Kingsville is strategically located between Yarraville, Spotswood and Williamstown with excellent arterial road connectivity with Melbourne Road, Blackshaws Road and immediate access to Westgate Freeway
+ High growth inner-west suburb only 7.5km's* from the Melbourne CBD with a median house price of over $1,100,000 and population set to grow by 65% by 2041

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

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng ()
+61 411 059 116
Jj.heng@cbre.com.au ()
jheng1206 ()

Jimmy Tat
+61 439 399 118
jimmy.tat@cbre.com.au

*Denotes Approx.