27 Gladstone St 2,217 SF Office Building Moonee Ponds, VIC 3039 $1,257,120 ($566.94/SF) 2.77% Cap Rate

This tenanted medical facility presents a high-quality investment in the heart of Moonee Ponds. With consistent rental income and proximity to major national tenants, the property combines security of cash flow with long-term positioning in a thriving precinct. The clinic is fully equipped with consultation rooms, reception areas, and dedicated X-ray facilities, ensuring appeal for continued medical use. Its current lease extends until July 2027 with an option for an additional term, supported by an annual rental of $63,760.
Located opposite Woolworths and within walking distance of the Australian Taxation Office, Coles, and K-Mart, the property benefits from strong foot traffic and abundant public car parking. Connectivity is ideal, with the Moonee Ponds Railway Station just 382 meters away, tram services at Chaucer Street approximately 320 meters, and multiple bus routes nearby. This opportunity offers both immediate income stability and potential for future capital growth in one of Melbourne’s tightly held medical pockets.