Burgess Rawson from CBRE is pleased to offer to the market the Supported Independent Living (SIL) facility located at 6 Athol Avenue, Bundoora VIC 3083 for sale via our Investment Portfolio Auction 180.

The property has the following key investment highlights:

+ Ten (10) year lease to ACARES to 2031 (circa 5.5 years remaining).
+ Two (2) further Ten (10) year options to 2051.
+ ACARES: 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 686sqm.
+ Fixed, annual 3.5% rent increases.
+ Land tax exempt investment opportunity.
+ Tenant is responsible for all usual outgoings including rates and insurance premiums.
+ The property is located in a high-density residential area, within close proximity to a range of complementary essential service amenities including La Trobe Private Hospital & Bundoora Extended Care Centre.
+ Premier education precinct with access to 16 schools including 8,539 total primary and secondary school enrolments within 3km. (1)
+ Bundoora: north-eastern suburb of Melbourne only 14m* from the CBD, with a median house price of $850,000. (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: $107,062 pa* (as at December 2025)

To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 22 October 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