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The property is a modern, purpose-built medical centre and day hospital that provides a full range of medical and allied health services to the community of Manningham, Victoria. The centre has brought together a group of general practitioners, medical specialists, diagnostic services and ancillary allied health practitioners.

Property information

This property information is current at 30 June 2019. We are not aware of any change to these details at the time of publishing.

Property details

  • Lettable Area (sqm)
    4,925
  • Major tenant
    MMC General Practice
  • No. of Tenants
    13
  • Occupancy Rate by area (%)
    85.21
  • Weighted Average Lease Expiry by income (years)
    4.2
  • Current Valuation ($m)
    38.2
  • Valuation date
    May 2019
  • Capitalisation Rate %
    6.25
  • Book Value ($m)
    38.34

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