CBRE is pleased to offer to the market 9 & 10/10 Lauderdale Court, Armstrong Creek (Geelong) VIC for sale by Portfolio Auction 186, 10:30am AEST Wednesday 5th August at Crown Promenade Melbourne.

+ Brand New ten (10) Year Lease to MPS Medical Group trading as Ashbury Medical Centre, to April 2036 with two (2) further options of five (5) years to April 2046.

+ General Medical practice incorporating brand new ‘capital intensive’ tenant fit-out encompassing reception/ waiting consulting rooms, staff room and amenities, strategically positioned in fast-growing Armstrong Creek between Geelong and the Surf Coast.

+ Annual 3% rent increases ensuring income growth.

+ Tenant pays usual outgoings excluding land tax.

+ Premium 171sqm* premises over 2 titles with triple frontage and exposure

+ Potential 50% stamp duty savings

+ Ashbury Medical Centre: modern primary healthcare practice, positioned within the master-planned Ashbury Estate and broader Horseshoe Bend growth corridor

+ Directly supported by Aspire Childcare, FitStop Gym, Laundromat, Sweet India and Victoria’s Pizza, with access to nearby schools including Iona College, Geelong Lutheran College and Armstrong Creek School.

+ Armstrong Creek, Victoria’s largest contiguous urban growth corridor, is forecast to grow from 17,954 residents in 2026 to 28,315 by 2046, representing a 57.71% population increase over the 20-year period

+ The City of Greater Geelong is Victoria’s largest regional city and one of Australia’s fastest-growing regional economies. The city is home to a resident population of 306,814, forecast to grow by more than 44% to 441,984 by 2046.

+ Net income $93,810pa* + GST.

To be auctioned as part of CBRE Investment Portfolio Auction 186
10.30am AEST Wednesday 5th August 2026
Crown Promenade, Melbourne.

Interstate bidding available by prior arrangement.

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For information on other investment opportunities in the campaign, please see:
http://www.investmentportfolioauction.com.au/186

*Approx.