PENINSULA HEALTHCARE/NDIS INVESTMENT OPPORTUNITY WITH LONG-TERM LEASE (PART OF THE NATIONAL NDIS HOUSING PORTFOLIO)
31 Killingholme Drive, Mornington VIC 3931
Contact Agent
OfficeSize: n/a
Block size: 194 m² approx.
CBRE Australian Healthcare & Social Infrastructure is pleased to exclusively present for sale, 31 Killingholme Drive, Mornington Cnr Waltham Drive. The subject property is offered as part of the National NDIS Housing Portfolio, comprising seven (7) assets for sale individually or in-one line across Victoria and Canberra.
All assets are located within established residential locations with significant remaining tenure and notable underlying landholdings.
Bespoke construction and refurbishment across all homes has occurred with regular maintenance minimising immediate CAPEX expenditure.
With a 60% shortfall in disability housing as at Oct-2023, the demand for this essential service has never been greater with the strength of long-term demand prospects unquestionable.
+ Valuable NDIS compliant improvements of 194 sqm* with recent CAPEX expenditure to ensure minimal long-term maintenance costs
+ Land-rich opportunity with underlying land area 691sqm*
+ Leased to ACARES (Subsidiary of Zenitas Healthcare) leading Australian provider of disability, aged care, and health services and owned by a notable consortium of private equity capital
+ Annual income of $80,762 pa* plus outgoings with fixed annual 3.5% increases
+ Ten (10) year lease term plus two (2) further ten (10) year options to 2051
LOCATION
+ 73% of participants with NDIS funding within the City of Mornington Peninsula are currently living in SDA dwellings - significant unmatched demand (source: ndis.gov.au)
+ Positioned within high-density residential location including multiple essential services within walking distance - Benton Shopping Centre (1km*), Chemist Warehouse Mornington (730m*) & Beleura Private Hospital (2km*)
+ Accessible via car & bus with the Mornington Peninsula link only a short drive away providing direct access to many metropolitan Melbourne locations
+ Mornington median house price of $1,100,000 (110% increase in past 10 years)
For further information, contact the exclusive sales agents
Marcello Caspani-Muto
+61 417 065 777
Sandro Peluso
+61 418 389 757
Jimmy Tat
+61 439 399 118
*approx.
All assets are located within established residential locations with significant remaining tenure and notable underlying landholdings.
Bespoke construction and refurbishment across all homes has occurred with regular maintenance minimising immediate CAPEX expenditure.
With a 60% shortfall in disability housing as at Oct-2023, the demand for this essential service has never been greater with the strength of long-term demand prospects unquestionable.
+ Valuable NDIS compliant improvements of 194 sqm* with recent CAPEX expenditure to ensure minimal long-term maintenance costs
+ Land-rich opportunity with underlying land area 691sqm*
+ Leased to ACARES (Subsidiary of Zenitas Healthcare) leading Australian provider of disability, aged care, and health services and owned by a notable consortium of private equity capital
+ Annual income of $80,762 pa* plus outgoings with fixed annual 3.5% increases
+ Ten (10) year lease term plus two (2) further ten (10) year options to 2051
LOCATION
+ 73% of participants with NDIS funding within the City of Mornington Peninsula are currently living in SDA dwellings - significant unmatched demand (source: ndis.gov.au)
+ Positioned within high-density residential location including multiple essential services within walking distance - Benton Shopping Centre (1km*), Chemist Warehouse Mornington (730m*) & Beleura Private Hospital (2km*)
+ Accessible via car & bus with the Mornington Peninsula link only a short drive away providing direct access to many metropolitan Melbourne locations
+ Mornington median house price of $1,100,000 (110% increase in past 10 years)
For further information, contact the exclusive sales agents
Marcello Caspani-Muto
+61 417 065 777
Sandro Peluso
+61 418 389 757
Jimmy Tat
+61 439 399 118
*approx.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Sandro Peluso to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Office
Block Size:
194 m²*
Other Details
Lot:
121
Plan:
PS322999
Legal description:
121\PS322999
Maps and area information
Block information
Block size: 194m² (approx)
Legal description: 121\PS322999
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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SummaryMedian sales
Average Age
51 years
Population
25,759
Listing ID: 182037432. This listing has been viewed 3 times. It was first displayed on 27/10/2023 and last updated on 12/12/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.