CBRE Victorian Health, Aged & Child Care are delighted to present for sale a significant healthcare investment opportunity. 100% leased to MIA Victoria Pty Ltd subsidiary of I-Med Radiology.
MIA Radiology has 60 clinics across Melbourne and have been established for 60 years.
This freestanding medical investment offers an outstanding opportunity with future development potential (STCA) and presents to purchasers a fantastic opportunity in a tightly held location.
The difficulty in acquiring properties with such a strong lease covenant is not to be underestimated, not to mention the fact the property boasts the following key features:
- Freestanding medical investment
- 5 year lease + options to 2024
- Returning $114,297pa* + outgoings + GST
- Directly opposite pedestrian crossing
- Located immediately in the Station Street retail precinct
- Total combined street frontage of 45m* onto Station Street and Messmate Street
- Highly specialised and capital intensive fitout adding to tenure security
For Sale via Public Auction on Wednesday 11th October at 12:30pm
*approx.
Josh Twelftree
+61 452 524 985
Sandro Peluso
+61 418 389 757
Kinson Wong
+61 450 712 341
The size of Lalor is approximately 9.3 square kilometres. It has 27 parks covering nearly 11.6% of total area. The population of Lalor in 2016 was 22594 people. By 2021 the population was 23219 showing a population growth of 2.8% in the area during that time. The predominant age group in Lalor is 30-39 years. Households in Lalor are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lalor work in a professional occupation.In 2021, 69.50% of the homes in Lalor were owner-occupied compared with 70.60% in 2016.
Lalor has 10,087 properties. Over the last 5 years, Houses in Lalor have seen a 14.44% increase in median value, while Units have seen a 25.75% increase. As at 30 April 2026:
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