Darcy Jarman is pleased to present 252 & 254 Church Street, Hamlyn Heights for sale, a prominent corner medical investment securely leased to Banksia Medical Centre and Clinical Labs, representing a thriving and long-standing healthcare facility within a tightly held precinct.

The two standalone medical freeholds occupy a substantial landholding, anchored by a GP clinic first established in 1984 and continuously serving the local community for over four decades, with the recent transition to Banksia Medical reinforcing the asset’s ongoing healthcare use and secure future tenure.

Key Investment Highlights:
• Land-rich medical investment on a prominent 1,618m²* corner site across two titles
• Two standalone medical buildings, totalling 384m²*, with 20 on-site car spaces
• Secure essential-service tenants: Banksia Medical Centre, an established GP operator, with clinics in Torquay & Newcomb, and Australian Clinical Labs
• Total net income: $164,308* per net annum + GST, with significant rental uplift
• Strong lease profile: New 3-year terms with options extending through to 2037
• Long-term value-add potential supported by low site coverage and dual street frontages
• 50% regional stamp duty saving

Positioned within Geelong’s high-exposure inner-west, approximately 4km from the CBD, the property is surrounded by dense residential catchment and major established schools, underpinning strong and recurring demand for healthcare services.*

Geelong’s population is forecast to exceed 510,000 by 2050, supported by billions in committed government and private investment across infrastructure, education and health - reinforcing the long-term resilience and value of strategically located medical assets.

To request information or arrange an inspection, please contact the below agents:
Tim Darcy + 61 418 522 523
Andrew Prowse +61 418 534 076