Stonebridge Property Group is pleased to present for sale 11-15 Palmer Court, Mount Waverley, a blue-chip investment asset within a tightly held industrial precinct of Melbourne.

The key highlights of the property include:

• Fully leased to Slade Health until Dec-27, plus options until 2037
• Leased to Slade Health which is a part of the Icon Group, a Multi National Healthcare Provider & within the EQT Group (EUR 232bn Assets Under Management)^
• Icon Group is Australasia’s fastest growing cancer care provider. Slade Health, a TGA licensed manufacturer, provides sterile manufactured products to hospitals across Australia
• The offering includes a TGA licensed facility used for Slade Health’s production of lifesaving cancer treatment therapies, including Chemotherapy helping to deliver 3,000 life-saving products via 200 hospital partners every single day
• Substantial 5,028 sqm* landholding zoned Special Use (SUZ) and across 4 specialised buildings totalling 2,474 sqm* building area
• Located in the tightly held Mount Waverley industrial precinct with no other industrial opportunities on the market as at March 2024
• Strategically connected to the Melbourne CBD (15.8 km*) and the South Eastern suburbs via Monash Freeway (100 m*), plus immediate access to major transport arterials Stephensons Road (10 m*) and Forsters Road (330 m*)

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

* Approximately
^ Source: EQT AB (publ) Year-end Report 2023 (eqtgroup.com)