Issue 52 | The Property Development Review

Property Listings – VIC

32-34 Riddell Road, Wantirna South VIC 3178

Established Medical Centre

This is a rare opportunity to acquire a large land holding with an existing freehold medical facility. It is hard to find in a very tightly held pocket of Melbourne's East.

AUCTION On-Site - May 16th at 1 pm

• Desirable corner position circa 2,090m2* • Two entry options • Operational for 40+ years • Hard to find Neighbourhood Residential Zone (NRZ) • Multiple uses for the site (STCA) • Offered with Vacant Possession • Building Area 370sqm* • Car Parking for 23 cars + doctor parking at front • Extremely hard to find in this precinct

The centre has enjoyed nearly continuous Allied Health & General Practice occupation for over 40 years. A versatile offering underpinned by a strong landholding on the boundary of Glen Waverley, Knox, Scoresby and Wantirna.

Should a reposition of the property be on the agenda, the local market conditions appear strong, according to Realestate.com, with the average house price in Wantirna South increasing by 14.8% in the last 12 months (to April 2024) and now sitting at $1,310,000

Ryan Trickey 0400 380 438 ryan.trickey@raywhite.com Will Jonas 0422 883 011 will.jonas@raywhite.com

RWC Glen Waverley raywhitecommercial.com

*All areas and figures approx only. All boundaries are indicative only. All precautions have been taken to establish the accuracy of all information, but this does not constitute any representation by the Vendor or Agents.

VIC, Preston: 1 Oakover Road For Sale

Occupy, Land Bank or Develop at Preston’s

Highly Regarded Junction Precinct

− 2,845sqm* Commercial 1 Zone landholding − Established two (2) level freehold building with front and rear on-site car parking returning $136,400p.a. − High density development scope within a successful Build-To-Sell & Build-To-Rent precinct − Located only 550m* to Thornbury Train Station and 100m* to Woolworths & Aldi supermarkets

EOI closing 30th May at 2PM (AEST)

0422 564 199 David Minty 0421 224 354 Nathan Mufale

0411 059 116 Jing Jun Heng 王敬君

*Approx.

84 – May / June 2024

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