Essential Medical - National Tenant

Few opportunities exist to secure such a strong lease covenant in a key location. Ray White Commercial Glen Waverley is pleased to present 405 Clayton Road Clayton.
Boasting a NET lease, Commercial 1 Zone land holding, and duel access, this property ticks nearly all the boxes now and into the future.
The surrounding land holdings are being redeveloped, and this precinct has all the ingredients required to instill confidence, irrespective of market pressures. This location continues to thrive and evolve into a stable and reliable commercial/retail pocket.
Major benefits and points of interest include:

-Prime location in Clayton Retail Strip
-Tenanted Investment property occupied by one of Australia's most recognisable brands (Chemist Warehouse)
Commercial 1 Zoned land, with desirable Clayton Road street exposure + the convenience of rear access
-Bookended between the heavily trafficked (1.6 m* commuters annually) Clayton Station, 2 x Coles supermarkets, Hong Kong Supermarket & major banks
-Located near major employment hubs - 2 km* from the largest Monash University Campus and 1 km* Monash Medical Hospital, which provides long-term demand to the continuous development of the suburb.

Clayton has undergone considerable development activity in recent years, making it an in-demand location for high-density living and commercial development.

A strategic and well-located Clayton freehold with strong underlying fundamentals.

*Approx

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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