167 Wattletree Road, Malvern

At a glance

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At a glance

* Freestanding medical / consulting facility
* Prime position within the Cabrini Hospital precinct
* Residential Growth Zone (RGZ)
* Leased investment*
* Secure parking for up to 8 vehicles via ROW.
* Well-appointed consulting rooms

Abode

Medical Consulting Rooms in the Cabrini Hospital Precinct

Positioned within the highly regarded Cabrini Hospital precinct, this standalone medical and consulting facility presents a rare opportunity to secure a purpose-designed space in one of Melbourne’s most tightly held healthcare locations.
Offering approximately 187sqm (approx.) of thoughtfully planned accommodation, the building is configured to support efficient clinical operations while maintaining comfort and privacy for both practitioners and clients. The consulting rooms are complemented by additional staff and client amenities, creating a balanced and professional working environment.

Tenant: *Leased to Psychologycare (Vic) for an extended period.

Passing Net Rent: $75,974 inclusive of GST per annum.
Term: The property is currently leased for 3 years until 31 July 2026 with one (1) further three (3) year option and 3% annual increases.

Potential income: Market Net Rent $98,175 per annum
Zoning: GRZ and No Heritage overlay
Building area: 187sqm approx.
Land: 440sqm approx. with frontage of 12.2M.
Features: Climate control is assured year-round with comprehensive heating and cooling.

Ample and secure off-street parking for up to 8 vehicles enhances accessibility and convenience, a key advantage in this sought-after precinct. The standalone nature of the building further allows for independent operation, and long-term adaptability.

Area

Located in the heart of the Cabrini Hospital precinct, the property enjoys strong medical affiliation and exceptional accessibility. This well-established healthcare hub is surrounded by leading medical providers, specialist services, and supporting amenities, reinforcing its appeal for practitioners and patients alike.

With excellent transport connections and proximity to key arterial routes, the location ensures ease of access while benefiting from the prestige and stability associated with one of Melbourne’s most respected medical precincts.

DISCLAIMER: Whilst every care is taken to supply accurate information it is recommended that all interested parties conduct their own due diligence on the accuracy of the accuracy of the information provided. All measurements, dimensions, land sizes and indications of area and distance quoted are approximate.