FREEHOLD FORMER PRIVATE HOSPITAL IN MELBOURNE'S NORTHERN GROWTH CORRIDOR - FOR SALE OR LEASE

Ray White Commercial Medical is pleased to exclusively offer 73-75 Pine Street, Reservoir, for sale or lease.

Positioned in Melbourne's established northern growth corridor, this freehold facility offers 2,011 sqm* of net lettable area on a 4,044.12 sqm* site (General Residential Zone - GRZ1), with vacant possession and 21 on-site car spaces. The building was fitted out and operated as a private hospital, including two operating theatres, before the hospital was decommissioned - leaving a substantial, healthcare-grade building ready for reactivation or repurposing, available to purchase outright or lease.

The site adjoins Vision Radiology and Australian Clinical Labs, adding to the amenity of the surrounding precinct. With direct bus access to La Trobe University's Bundoora campus (~5 km*) and connections through Melbourne's northern health and education corridor, the location suits large-footprint operators in healthcare, childcare, aged care or community services, subject to planning permit under GRZ1.

Reservoir has recorded a median house price of $950,000* with annual growth around 5%*, reflecting sustained population growth through Melbourne's north.

Overview:
* 2,011 sqm* NLA on a 4,044.12 sqm* freehold site (GRZ1) - for sale or lease
* Former private hospital fit-out, including two operating theatres
* 21 on-site car spaces
* Vacant possession - full control for an incoming operator or investor
* Adjoins Vision Radiology and Australian Clinical Labs
* Suited to healthcare, childcare, aged care or community use, subject to permit

Location:
* Reservoir, 11 km* north of the Melbourne CBD, within Darebin's established northern growth corridor
* Reservoir station (Mernda line) and multiple tram routes, with direct bus access to La Trobe University's Bundoora campus (~5 km*)
* Surrounding growth corridor anchored by La Trobe University, Austin Health and The Northern Hospital

For sale via Private Treaty, or for lease - contact the agents for price and lease terms.
For further information, contact the exclusive marketing agents:

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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