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74 Warrandyte Road
Ringwood VIC 3134
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Sold on 1 Jul 2023

74 Warrandyte Road Ringwood VIC 3134

  • Other
  • 2,000 m²
  • Sold

Enormous Aged Care Freehold Landholding with High Yield

    Expression of Interest Closing 29th of June 2023 at 4pm Unless Sold Prior

    58 bed SRS aged care freehold
    Tenanted investment with a long-term lease in place
    Substantial land holding of 5,567m2 (approx.)
    Substantial purpose built quality facility of over 2000m2 (approx.)
    Superb rental return $661,025.24 + GST per annum
    Lease - 10 + 5 + 5 + 5 years from April 2020
    Annual review - 2.5%
    All rooms feature a private ensuite
    A tranquil environment for residents including a light-filled central dining and relaxation room complete with a cosy fireplace
    Strong demand for residential aged care in the area with 17 people aged over 65 for every SRS bed available within 3km
    Facility is supported by amenities close by that are pertinent to the business operations such as hospitals, medical centres, bowls club, public pools, community centres including RSL's, shopping centres and much more

    Contact: Jonathan Lan 0422 358 259

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    ASL Real Estate
    ASL Real Estate
    130-132 High Street
    Kew, VIC 3101

    Property Highlights

    Date Sold1 Jul 2023
    Floor Area2,000 m²
    Land Area5,567 m²
    ParkingAsk Agent
    Property ID2018566258
    Category
    Last updated  6 Jul 2023
    Map for 74 Warrandyte Road Ringwood VIC 3134
    ASL Real Estate
    ASL Real Estate
    130-132 High Street
    Kew, VIC 3101

    Property Highlights

    Date Sold1 Jul 2023
    Floor Area2,000 m²
    Land Area5,567 m²
    ParkingAsk Agent
    Property ID2018566258
    Category
    Last updated  6 Jul 2023

    Listed by

    More about 74 Warrandyte Road Ringwood VIC 3134

    74 Warrandyte Road Ringwood VIC 3134 is categorized as Other Property. It has a floor area of 2,000 m² and a land area of 5,567 m². The listing ID for this property is 2018566258.

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