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Impressive Childcare Investment leased to ASX Listed Tenant

187 Canterbury Road, BAYSWATER NORTH VIC, 3153

Sold

Property Sold in 187 Canterbury Road, BAYSWATER NORTH VIC, 3153

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11374544
Status:
Sold
Price:
Price on Request
Last Updated:
27/02/2020
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Property Type

Medical/Consulting/Retail/Other
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Land Area

2158 SQM
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Floor Area

737 SQM
Icon parking

Parking

N/A

Impressive Childcare Investment leased to ASX Listed Tenant

+ Secure 20 year Net Lease to Think Childcare to 2039.
+ Two further 10 year options to 2059.
+ Think Childcare: ASX listed early education provider with a network of 78 centres nationally.
+ As new 738 sqm child care facility licensed for 99 LDC places.
+ Annual rent reviews plus market reviews.
+ Large 2,158 sqm main road site with exposure to Canterbury Road.
+ New construction with substantial taxation depreciation benefits.
+ Strategic position within employment precinct, opposite Officeworks and only 200 metres from Bunnings.
+ Net Income $358,709 pa

Auction 11am AEDT Wednesday 26 February
Crown Casino, Melbourne, VIC

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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