Sold
46 bed SRS aged care freehold investment for sale
430-432 Main Road, Lower Plenty VIC 3093
Last Asking Price - $4,200,000-$4,600,000
OfficeSize: n/a
Block size: 4385 m² approx.
Current rent: $295,435.42 + GST p.a. plus all outgoings
Currently exempt from land tax
Term of Lease: 5 years starting on 1 May 2023 with 3 further terms of 5 years each
Further Terms: 3 further terms of 5 years each
Rent Review: Annual CPI increases, Market reviews at the commencement of any further term
Total land size: 4,385m2 (approx.)
Golden opportunity to acquire an established facility on a substantial block with good underlying land value
High quality tenant who has operated at this facility for 14 years and continuing on new lease
Registered for 46 beds comprising of 44 single bedrooms and 1 double bedroom, all with ensuites
This purpose built facility features a commercial kitchen, separate 3 bedrooms managers residence and multiple indoor and outdoor activity areas
Facility is supported by amenities in close proximity including medical centres, hospitals, recreational facilities, community centres and more
Approx 15-minute drive from Austin Hospital with 800 beds, 26 wards accommodating medical, surgical and speciality services and 24 hour emergency
Substantial building of approximate 1,748 sqm lettable area, replacement value is substantial
UNDER OFFER
Please contact Jonathan Lan on 0422 358 259 or Wendy Zhou 0422 011 188 to receive a detailed information memorandum
********
Land is exempt if it is occupied, or currently available for occupation, as a residential care facility that is operated by an approved provider or is a supported residential service. These terms are respectively defined in the Aged Care Act 1997 and the Supported Residential Services (Private Proprietors) Act 2010.
Photos for indicative purposes only
ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.
By sending an enquiry to Australian Sales and Leasing you agree to be marketed to in the future for similar properties through email alerts/SMS messages. This is at NO COST to you and at any time you wish to cancel your subscription please simply reply STOP.
http://www.consumer.vic.gov.au/duediligencechecklist
Currently exempt from land tax
Term of Lease: 5 years starting on 1 May 2023 with 3 further terms of 5 years each
Further Terms: 3 further terms of 5 years each
Rent Review: Annual CPI increases, Market reviews at the commencement of any further term
Total land size: 4,385m2 (approx.)
Golden opportunity to acquire an established facility on a substantial block with good underlying land value
High quality tenant who has operated at this facility for 14 years and continuing on new lease
Registered for 46 beds comprising of 44 single bedrooms and 1 double bedroom, all with ensuites
This purpose built facility features a commercial kitchen, separate 3 bedrooms managers residence and multiple indoor and outdoor activity areas
Facility is supported by amenities in close proximity including medical centres, hospitals, recreational facilities, community centres and more
Approx 15-minute drive from Austin Hospital with 800 beds, 26 wards accommodating medical, surgical and speciality services and 24 hour emergency
Substantial building of approximate 1,748 sqm lettable area, replacement value is substantial
UNDER OFFER
Please contact Jonathan Lan on 0422 358 259 or Wendy Zhou 0422 011 188 to receive a detailed information memorandum
********
Land is exempt if it is occupied, or currently available for occupation, as a residential care facility that is operated by an approved provider or is a supported residential service. These terms are respectively defined in the Aged Care Act 1997 and the Supported Residential Services (Private Proprietors) Act 2010.
Photos for indicative purposes only
ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.
By sending an enquiry to Australian Sales and Leasing you agree to be marketed to in the future for similar properties through email alerts/SMS messages. This is at NO COST to you and at any time you wish to cancel your subscription please simply reply STOP.
http://www.consumer.vic.gov.au/duediligencechecklist
Inspections
No open inspections scheduled.
Send an enquiry
Contact Jonathan Lan to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Office
Block Size:
4385 m²*
Other Details
Lot:
1
Plan:
TP194990
Legal description:
1\TP194990
Maps and area information
Block information
Block size: 4385m² (approx)
Legal description: 1\TP194990
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
14 Mar 2024
Sold
ASL Real Estate
Listed: 15/02/2024
Block size: 4385m²
Transfer type: Full transfer
Lower Plenty suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
47 years
Population
3,962
Listing ID: 182299719. This listing has been viewed 0 times. It was first displayed on 15/02/2024 and last updated on 14/03/2024.
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.