Suleman offers new medical centre for lease
Local developer and investor Suleman Group, led by Sam Suleman, has completed a medical centre in the heart of Melbourne’s Pakenham growth corridor.
At 350 Berwick-Cranbourne Road, Clyde North, the quarter acre complex with 426 square metres of lettable area and 11 car parks is now for lease.
The asset neighbours what will be one of 11 Kool Kidz childcare centres to open next financial year.
Suleman is behind that project too; both will be retained as investments.
The properties form part of the Highgrove housing estate being delivered by AFL player turned developer Fraser Brown via his Brown Property Group.
Clyde North is about 47 kilometres south east of town.
Catchment to more than double: agents
CBRE Healthcare and Social Infrastructure’s Sandro Peluso and Kai Wang are leasing 350 Berwick-Cranbourne Rd as a whole.
Over a floor, it contains eight consultation rooms and a treatment suite suitable for GPs, dentists and specialists.
It also includes areas for dispensary, pathology and radiology.
“The brand new medical centre features an attractive architecturally designed building with all modern conveniences and unrivalled exposure,” Mr Peluso said.
“With all healthcare opportunities within the precinct thriving, we expect the centre to be well competed for,” he added (story continues below).
“Clyde North is a thriving community comprising numerous schools, healthcare and new infrastructure,” according to the executive.
“The 2022 population estimate is 38,158 and is forecast to more than double to 87,845 by 2041.
“With 10 schools and seven childcare facilities with a 1.5 kilometre radius, the brand new medical centre will thrive alongside the growth of Clyde North and surrounding suburbs”.
Mr Kai said the region’s median age is 30 – well below the national average (38).
“Clyde North is seeing a rapid increase in young families with children looking to settle into their first home,” he added.
“A newly developed suburb is greatly beneficial for incoming healthcare operators as it provides a rare opportunity of exposing your practice to a large population who do not have an existing medical relationship,” according to the agent.
“The medical centre itself is located within the Highgrove estate which contains 2300 lots generating unprecedented foot traffic to the site assisted by the five metre tall pylon facing high traffic Berwick-Cranbourne Rd.
Elsewhere in the south east, at Mulgrave, where it is headquartered, Suleman is behind a Marriott hotel proposal with 141 keys.
Across town meanwhile, in inner west Spotswood, the group is constructing a multi-tower project with commercial, retail, traditional residential and Build to Rent components.
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