Toorak Dental Investment, Leased To Long Term Occupier

Morley is pleased to offer 137 Canterbury Road, Toorak for Sale by Expression of Interest closing Thursday 30th October at 2pm.

Three level freehold investment located within Melbourne’s most affluent suburb.

Leased to “Ekera Dental” (trading as Toorak Village Dental Care) who operate over 50 dental clinics nationwide.

High quality purpose built clinic operating for 20+ years providing general dentistry, cosmetic treatments and specialist care.

Renewed 5 year term with a further 5 year option, plus attractive 4% annual increase.

Rental: $170,797 per annum + GST + outgoings

Favourable Commercial 1 zoned land providing flexibility for future uses / redevelopment.

Prestigious Toorak location, benefiting from recently completed $300m St Germain development, plus Orchard Piper's $150m Toorak Rd & $400m Carters Avenue developments.