CBRE from CBRE is pleased to offer to the market the Supported Independent Living (SIL) facility located at 92 Liberty Parade, Bellfield VIC 3081 for sale via our Investment Portfolio Auction 179.

The property has the following key investment highlights:

+ Long Ten (10) year lease to ACARES to 2031 (circa 5.5 years remaining).
+ Two (2) further Ten (10) year options to 2051.
+ ACARES: A subsidiary of Zenitas Healthcare, ACARES is a leading Australian provider of disability, aged care, and health services.
+ Land rich opportunity with a notable underlying landholding of 705 sqm*.
+ Fixed, annual 3.5% rent increases.
+ Land tax exempt investment opportunity.
+ Tenant is responsible for all usual outgoings including rates and insurance premiums.
+ Position perfect — only 400m from Preston’s established industrial precinct (Bunnings, Total Tools, Mazda, Spotlight, The Good Guys) and 1.5km from Northland Shopping Centre (Coles, Woolworths, ALDI, Kmart, Myer, Target).
+ The property is located in a high-density residential area, within close proximity to a range of healthcare and social infrastructure, including Heidelberg Repatriation Hospital (1.3km*), Ford Park (240m*), Bell Street’s “Golden Mile’ commercial precinct (1km*), and 41 schools within 3km, collectively servicing over 22,600 students. (1)
+ Well-connected to public transport, with the newly built Bell Train Station and Heidelberg Train Station both within 3km*, supported by regular bus services along Bell Street, and easy access to major roadways linking to Melbourne’s arterial network.
+ Bellfield: forecast to grow 35% by 2046, Bellfield is a strategic north-eastern suburb of Melbourne, only 9km* from the CBD, with a median house price of $991,000. (2)
+ City of Banyule: home to 134,866 residents, the City of Banyule supports 56,441 jobs and has an annual economic output of $15.893 billion. (3)(4)
+ Net Income: $113,891 pa*.

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 16 September 2025
Garden Room – Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.

Sam Mercuri
0413 830 709
smercuri@burgessrawson.com.au

Rick Jacobson
0413 830 083
rjacobson@burgessrawson.com.au

* Approx
1. GapMaps
2. Realestate.com.au
3. .id
4. Remplan