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Established & Affordable Childcare Investment

189-195 Torquay Road, GROVEDALE VIC, 3216

Sold

Property Sold in 189-195 Torquay Road, GROVEDALE VIC, 3216

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11358517
Status:
Sold
Price:
Price on Request
Last Updated:
17/10/2019
Icon building

Property Type

Retail/Medical/Consulting/Other
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Land Area

3023 SQM
Icon size

Floor Area

1 SQM
Icon parking

Parking

N/A

Established & Affordable Childcare Investment

+ 10 + 5 + 5 year net lease to 2038
+ Fixed 3% annual rent increases
+ Tenant pays all usual outgoings including management fees
+ Modern purpose-built child care facility licensed for 95 LDC places
+ Huge 3,023 sqm main road site metres from ALDI and only 7km south from the Geelong CBD
+ Greater Geelong: current resident population of 251,540 with forecast growth of 29% to 325,779 by 2036 (source: profile.id)
+ Net Income: $162,445 pa + GST and Outgoings (as at September 2019)

For Sale by Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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