Gross Waddell ICR is pleased to offer for sale via Public Auction 218–220 Springvale Road, Glen Waverley.

This exceptional investment presents a rare opportunity to secure a premium medical asset in one of Melbourne’s most prominent and tightly held healthcare precincts, directly opposite The Glen Shopping Centre.

218-220 Springvale Road is a high-quality, set-and-forget medical investment underpinned by a nationally recognised tenant and an irreplaceable location.

Key Investment Highlights:

• Securely leased to leading Australian healthcare provider, Lumus Imaging

• Newly renewed 5-year lease with a further 5-year option

• Current net income of $341,190* per annum

• Annual fixed rental increases providing strong income growth

• Huge 46m* frontage to high-exposure Springvale Road

• Strategically positioned directly opposite The Glen Shopping Centre

• Surrounded by a strong network of established allied health operators

• Modern, single-level building of approximately 600sqm

• Excellent on-grade car parking for staff and clients

*approx.

218-220 Springvale Road, Glen Waverley is offered for sale via onsite Public Auction on Thursday 14th May 2026 at 1pm.

For more information or to arrange an inspection, please contact Gross Waddell ICR directly.