241 Dandenong Road

Windsor VIC 3181

+ Blue-chip and highly regarded former residential Aged Care facility with 60 beds (all single rooms with en-suite) maintained to the highest of standards and ready for immediate occupation

+ Existing 3 level building envelope with a potential built form to exceed this as per independent planning advice (STCA)

+ Projected fully leased income of $570,000p.a* plus

+ Substantial landholding of 1,704sqm* - One of the largest land parcels offered in the City of Stonnington in recent times

+ Existing building area of 2,296sqm* (RACF) offered with vacant possession

+ High exposure location with 25m* frontage to Dandenong Road / Princes Highway with 34,000+* vehicles passing daily

+ Well suited to a variety of outcomes including, Residential Aged Care, Supported Residential Services, Land banking, NDIS Accommodation, Healthcare and more (STCA)

LOCATION

+ Blue-chip location within one of Australia's most desirable municipalities plus favourable Residential Growth Zoning

+ Strong underlying land value with the City of Stonnington featuring a median house price exceeding $2,000,000*

+ Ideally positioned within immediate proximity to the Iconic Windsor/St Kilda Healthcare precinct featuring The Avenue Hospital, Windsor Private Hospital, Cabrini Hospital, Masada Private Hospital and The Alfred

+ A stone's throw to dense retail and educational amenity including, St Mary's School, King David School, Coles, Woolworths and the Chapel Street and Williams Road retail strips

EXPRESSIONS OF INTEREST CLOSED - OFFERS UNDER REVIEW

Contact below to register for inspection:

Sandro Peluso
+61 418 389 757

Marcello Caspani-Muto
+61 417 065 777

Jimmy Tat
+61 439 399 118

approx*