An upcoming modern medical centre located at 324 Bell Street Coburg hits the public healthcare leasing market. Across two floors, this dominant medical centre features 833sqm of net leasable area built for GPs/Specialists/Allied Health/Radiology and more. Consisting 13 consulting rooms, radiology rooms, excellent staff amenities and 24 on site car parking

The medical centre is being marketed by CBRE Australian Healthcare & Social Infrastructures Sandro Peluso and Kai Wang via an expressions of interest campaign and is expected to attract operators across all fields in Australia.

“With the construction cost increasing a substantial 12.3% over 2022, we are seeing a huge reduction in new medical centre projects. The developer of 324 Bell Street, Coburg is in a rare position where sufficient funding is ready to go once an operator is locked in” Sandro Peluso Said

“The Property is permitted to operate 24 hours a day, 7 days a week. Allowing any operator to take full advantage of one of Melbourne’s most actively growing locations with the cost of living and affordable housing prices allowing young families to relocate to the area with Coburg having the largest bracket of 30-35 year old people within the City of Moreland (18%).  He added

With community surveys reporting poor access and availability to community health services in the Coburg area, the new medical centre will make a significant difference in addressing this issue. With its modern facilities and advanced medical equipment, the centre will provide a range of health services, including general practitioner consultations, specialist care, and diagnostic testing. 324 Bell Streetstands out to fill a much needed gap in medical services in Coburg and surrounding suburbs

“Coburg’s median house price has increased by over 90% in the past 10 years coupled with highly favourable demographics anticipating the demand for medical services and support will double by 2036. Making Coburg the ideal suburb for both established and new operators.” Kai Wang Said

“Adding to the locational appeal is the close proximity to surrounding medical precincts. It is under 3km* from John Fawkner Private Hospital, Brunswick Private Hospital & Dorset Rehabilitation Centre, along with numerous specialist medical and allied health services.” He added.

To request leasing information please contact the leasing agents from CBRE’s Australian Healthcare and Social Infrastructure team of Sandro Peluso, and Kai Wang via the below contact

Click here to read article on Retalk Asia:  Life sciences real estate reaches 100 million sq. ft. with major hubs like Shanghai, Beijing, Tokyo, Singapore, and Melbourne; US$18 billion of funds has been raised to invest in life sciences real estate.

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Join the future of Melbourne’s North with this state of the art medical centre for lease by CBRE