SECURE MEDICAL INVESTMENT, L1, 185-187 Boundary Road, North Melbourne

BLUE-CHIP BIOMEDICAL INVESTMENT LEASED TO GLOBAL HEALTHCARE LEADER

Jones Real Estate is proud to present L1, 185-187 Boundary Road, North Melbourne, For Sale via Private Negotiation.

Positioned in the heart of Melbourne’s globally recognised Biomedical Precinct, spanning Parkville, North Melbourne, and the CBD, this exceptional asset occupies a prime position at the epicentre of Australia’s healthcare and life sciences sector.

Securely leased to B. Braun Avitum Australia Pty Ltd, a global leader in renal care with over 180 years of experience, the property represents an outstanding investment opportunity in one of the country’s most prestigious medical locations.

Key highlights of this investment include:

– Leased to long-standing occupier B. Braun Avitum Australia Pty Ltd since 2008, currently returning a net passing income of $368,817.08*^ p.a + GST with options until 2043.

– Purpose-built, world-class $4 million* clinical facility delivering a best-in-class environment specifically designed for specialist dialysis care.

– Comprising 734sqm* of net lettable area, offering significant flexibility for a variety of medical and healthcare uses.

– 20 secure on-title car spaces, a significant advantage in a high demand inner-city location.

– Expertly designed for seamless patient care and operational efficiency, featuring dedicated ambulance and patient transport bays, secure entry, and hospital-grade lifts purpose-built for beds, bariatric stretchers, and life-support equipment.

– Situated within Melbourne’s prestigious Biomedical Precinct, surrounded by leading institutions including The Royal Melbourne Hospital, The Royal Women’s Hospital, Peter MacCallum Cancer Centre, The University of Melbourne, and the Walter and Eliza Hall Institute – attracting world-class medical professionals and researchers.

– Outstanding connectivity with multiple tram routes and major train lines nearby, providing effortless access for patients, staff, and emergency services.

*Approx.
^As at 1 Oct 2025

For further information regarding the opportunity, please contact the exclusive selling agents at Jones Real Estate.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.