Medico investors are on the move. Camberwell pharmacist Martin Baytch is offloading the two-storey Australian Unity building on Burke Road and Cranbourne GP Leon Shapero is selling the clinic he developed on Thompsons Road. The Baytch family superfund has owned 620-624 Burke Road since 1989. The 828sq m building has rear access to Market Place, where Camberwell Market sprawls every Sunday. The building, now leased to PharmaSave and returning $617,733 a year, has operated a busy bulk billing clinic upstairs for many years. There is some vacant space and the lease expires in two years. CBRE agents Rorey James, JJ Heng, Sandro Peluso and Lewis Tony are handling the campaign which closes at the end of August. Phillip Almeida of Performance Property Advisory is representing the vendor. The property is in a blue-chip location and expected to fetch more than $11 million.
