Positioned on Level 2, Suite 10 within the well-established medical building at 517 St Kilda Road, this fully fitted medical suite presents a terrific investment opportunity with a strong 6% net return.
The property is securely leased, offering immediate income in a tightly held medical precinct known for its concentration of specialist and allied health practitioners.
Comprising approximately 70 sqm*, the suite is configured with multiple private consulting and treatment rooms, reception and administration area, dedicated patient waiting space, and self-contained amenities for staff and patients. Excellent natural light and views across Albert Park Lake and surrounding parklands enhance its long-term tenant appeal.
The offering also includes two (2) allocated basement car spaces, a valuable asset along St Kilda Road.
Located moments from The Alfred Hospital, the property benefits from strong medical demand drivers and excellent public transport accessibility.
Key features:
• Securely tenanted medical suite
• 6% net return
• Level 2, Suite 10 - approx. 70 sqm*
• Two (2) allocated basement car spaces
• Multiple consulting and treatment rooms with reception
• Dedicated patient waiting area
• Highly accessible St Kilda Road location
• Close proximity to major medical facilities
An outstanding opportunity to secure a stable, income-producing medical investment in one of Melbourne's premier healthcare precincts.
*Approx.
Added 11 February, 2026
Property ID: #L39352796
