» »
Impressive New High Occupancy Metro Childcare Investment

1028 Wellington Road, ROWVILLE VIC, 3178

Sold

Property Sold in 1028 Wellington Road, ROWVILLE VIC, 3178

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11338350
Status:
Sold
Price:
Price on Request
Last Updated:
13/08/2019
Icon building

Property Type

Retail/Medical/Consulting/Other
Icon square

Land Area

3195 SQM
Icon size

Floor Area

831 SQM
Icon parking

Parking

N/A

Impressive New High Occupancy Metro Childcare Investment

New 15 year lease to 2033 plus options to 2048
Annual 3% rental increases, ensuring strong rental growth
Tenant pays all outgoings including land tax
Operated and managed by ASX Listed G8 Education – 500+ child care centres nationally and with a market cap of $1.47 billion
Stunning 831 sqm purpose-built childcare facility lic for 124 places
Substantial 3,195 sqm main road land holding with 27 at grade car spaces
New construction offering substantial tax saving depreciation benefits
High exposure position with 31,000+ vehicles passing daily and situated only 600 metres from St Simon Primary School
Rowville: popular residential location only 25km south east from the Melbourne CBD and with a medium house price of $835,000
Net Income: $402,318 pa + GST and outgoings

Private Treaty

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


More properties from Burgess Rawson & Associates Pty Ltd
Sold
727 Gympie Road, LAWNTON QLD, 4501

727 Gympie Road, ...

RetailShowrooms/Bulky GoodsIndustrial/Warehouse
Sold
29 McCormicks Road, CARRUM DOWNS VIC, 3201

29 McCormicks Roa...

Medical/ConsultingRetailOther
Sold
28-34 Marengo Street, TARNEIT VIC, 3029

28-34 Marengo Str...

Medical/ConsultingRetail
Sold
60-62 McNamara Street, ORANGE NSW, 2800

60-62 McNamara St...

RetailMedical/ConsultingOffices
Sold
29 Hudson Circuit, MEADOW HEIGHTS VIC, 3048

29 Hudson Circuit...

Medical/ConsultingOtherRetail
For Sale
24-38 Wilson Street, HORSHAM VIC, 3400

24-38 Wilson Stre...

RetailShowrooms/Bulky GoodsIndustrial/Warehouse
More properties from Rowville
Leased
11/5 Kelletts Road, ROWVILLE VIC, 3178

11/5 Kelletts Roa...

Industrial/Warehouse
Sold or Leased
ROWVILLE VIC, 3178

ROWVILLE VIC, 3178

Industrial/Warehouse
Leased
9 Kerr Court, ROWVILLE VIC, 3178

9 Kerr Court, ROW...

Industrial/Warehouse
Leased
2/9 LASER DRIVE, ROWVILLE VIC, 3178

2/9 LASER DRIVE, ...

Industrial/Warehouse
Sold or Leased
ROWVILLE VIC, 3178

ROWVILLE VIC, 3178

Land/Development
Sold
28-30 Kingsley Close, ROWVILLE VIC, 3178

28-30 Kingsley Cl...

Industrial/Warehouse
Loading...