9-33 Errol Boulevard, Mickleham

TROPHY HEALTHCARE INVESTMENT WITH ENVIABLE TENANCY MIX

Jones Real Estate, in conjunction with CBRE Australian Healthcare & Social Infrastructure, is proud to present 9–33 Errol Boulevard, Mickleham For Sale.

This premium, near new healthcare supersite is designed to meet the growing healthcare needs of one of the country’s highest growth postcodes. The property comprises a substantial 3,297 sqm healthcare and wellness offering spread across three levels, complemented by on-site and basement car parks. It occupies a generous 2,500sqm parcel of Urban Growth Zoned land and is secured under long-term leases to a range of high-quality healthcare and wellness operators.

Strategically positioned in the heart of Mickleham-a rapidly expanding suburb with a population projected to more than double (a 120% increase) over the next 20 years-9–33 Errol Boulevard is surrounded by key retail and healthcare amenity, including Botanical Village Shopping Centre, Merrifield City Shopping Mall, and more.

Overview:

– Annual income of $1,399,712 + GST across 8 tenants

– Anchored by renowned national healthcare operators, including Medical Select, Belgravia Health and Leisure Group, Northside Imaging, and more

– Favourable 2,500sqm Urban Growth Zoned land, offering substantial expansion and development potential

– 3,297sqm medical centre was newly constructed in 2024 to a high standard with multiple long-term uses suiting the structure

– Significant 45m frontage along Errol Boulevard, just off the highly trafficked Donnybrook Road

– Complimentary tenancy mix driving traffic throughout the complex plus substantial depreciation benefits

Location:

– Mickleham’s median housing price has grown by over 23% over the past five years

– Major health providers in the vicinity include DPV Health Mickleham, Donnybrook Dental, and various independent clinics offering GP services, speech pathology, rehabilitation services, physiotherapy, and NDIS care

– Minutes away from essential amenities including Coles Merrifield, Botanical Village Shopping Centre, Merrifield City Shopping Mall, and more

– The population of Mickleham is forecast to grow to more than 61,000 in 20 years (120% growth)

– Embedded within Victoria’s largest masterplanned community – Merrifield Estate – set to deliver ~10,000 dwellings

– The City of Hume is expected to add 2,608 dwellings per year on average, reaching 136,086 dwellings by 2041

For sale via expression of interest closing Thursday 30th October at 2:00pm AEDT

Jones Real Estate

Tim Spargo 0402 747 030

Luke Peric 0432 467 771

CBRE

Marcello Caspani-Muto 0417 065 777

Sandro Peluso 0418 389 757

Jimmy Tat 0439 399 118

Approx*