With decades of experience in commercial and industrial real estate in Melbourne, Axis Property is uniquely placed to assist you in leasing and renting medical real estate throughout Melbourne, and across Victoria. As a team of highly skilled medical real estate advisors, we understand the unique requirements including structural, regulatory and business, to assist both landlords and tenants. We have worked for both parties and understand the underlying dynamics that help to build and foster a good relationship between them both.
Unlike industrial and commercial real estate, medical real estate in Melbourne is highly competitive. In the wake of the pandemic, more investments are being diverted into this sector. However, as always finding a medical property that suits the nature of your specific medical practice is crucial. A medical group can only benefit from investing in medical properties that fulfill their business, and their patient’s needs, if proper planning and strategy is implemented.
Purchasing or leasing medical real estate such as a medical office, hospital, or specialist clinic building is a substantial investment. There are many factors that should be considered and factored in before signing on the dotted line of a medical real estate purchase or leasing agreement.
The first factor to consider before purchasing or leasing medical commercial real estate (CRE) is to decide whether you want to lease or purchase. While the capital that you have is a determining factor in this regard, your long-term strategy, demographic dynamics of the locality, and the local and state government plans for the location, among others, are equally as important.
Lack of such information limits the ability of medical groups to make an informed decision. No one wants to purchase a property in a locality, if they aren’t sure what that locality will look like in five years. Having experienced local commercial real estate advisors on board will help you find medical real estate, not only based on your needs, but also provide strategic insights and data that can assist you in making an informed decision.
Just like most other places, medical CRE in Melbourne, is heavily regulated and at times local/council regulations are different then the federal regulations. Working with a CRE agency that has previously worked in your locality, becomes crucial for you to navigate the legal hurdles in an efficient and timely manner. We provide insightful and fact-based recommendations to landlords and tenants based on our understanding of existing and upcoming regulation changes. Considering the heavy investment, no one would want to have an unpleasant surprise waiting for them at the end of the road.
Axis Property is a one stop solution for leasing or purchasing medical real estate in South East Melbourne and the Melbourne CBD including suburbs like St. Kilda, Caulfield, Elsternwick, and Glenhuntly, among others. If you didn’t find any listed medical properties that fit your criteria above, share your requirements with us and we will help to find you a medical property that aligns with your needs.
Whether it be, a medical CRE for traditional hospitals, micro hospitals, outpatient clinics, or a local surgery centre, we can find a property that meets your unique needs including locality, size, space, demographics, and accessibility, among others. Providing recommendations is just a start of our end-to-end medical property management services. We assist in tenancy/lease negotiation, agreements and in managing assets.
Whether you are a landlord selling medical properties or a tenant looking for one – get in touch today to discuss your requirements with some of Melbourne’s top medical real estate experts.