Medical Asset | $2,265,000 | Net Yield: 6.45% | VIC

This premium medical investment presents a rare opportunity to secure strong income and blue-chip tenancy within one of Melbourne’s most tightly held and highly sought-after lifestyle precincts.

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Occupying the entire level, this 351 sqm medical suite delivers a net income of $146,111 p.a. + GST and outgoings, secured by a five-year lease. The tenant forms part of a leading national health and medical network, providing strong covenant strength and long-term income security.

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Extensively refitted in 2021, the property features a high-quality, purpose-built medical layout including reception, multiple consulting rooms, offices, meeting spaces and staff amenities, complemented by a private heated balcony. The premium fitout and whole-floor configuration enhance tenant appeal and reduce future capital expenditure requirements.

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The asset is further supported by three secure undercover car spaces - a highly valuable inclusion in South Yarra - protecting long-term amenity and outlook.

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Positioned moments from Toorak Road, Chapel Street and South Yarra Station, this investment benefits from exceptional connectivity, strong surrounding amenity and sustained demand for quality healthcare accommodation.

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With defensive income, a high-calibre medical tenant and a prime inner-city location, this is a well-balanced medical investment offering both income security and long-term capital appeal.