1. Home
  2. »
  3. Properties For Sale
  4. »
  5. MODERN CHILD CARE CENTRE WITH BRAND NEW LEASE TO ASX LIST...

4 Rutherford Road, TECOMA VIC, 3160

For Sale
https://dduaaywsz-res-4.cloudinary.com/image/upload/v1599548800/wultity9x8jatkbzwnxf.jpg

Property for Sale in 4 Rutherford Road, TECOMA VIC, 3160

Listing ID:
11365133
Status:
Active
For:
Sale
Last Updated:
08/09/2020
Icon building

Property Type

Medical/Consulting/Other
Icon square

Land Area

2779 SQM
Icon size

Floor Area

550 SQM
Icon parking

Parking

N/A

MODERN CHILD CARE CENTRE WITH BRAND NEW LEASE TO ASX LISTED TENANT

Savills is delighted to offer for sale this incredible child care investment opportunity located at 4 Rutherford Road, Tecoma. This recently refurbished centre benefits from modern improvements and a favourable lease covenant to blue chip ASX listed tenant.

The key attributes of the outstanding investment opportunity include:
- Modern fully refurbished child care centre
- Leased to ASX listed operator - Mayfield Childcare Limited (21 centres state-wide)
- Brand new 10+10+10 year lease from May 2019
- Currently returning $273,000 per annum* + Outgoings & GST
- Fixed annual 3% rental increases
- Licensed for 78 places
- Substantial landholding of 2,779sq m*
- Located within an established residential neighbourhood
- Surrounded by a variety of further education facilities including Tecoma Primary, Upwey Primary School and Upwey High School

*Approx.

For Private Sale

Savills agents:
Mark Stafford - 0404 401 053
Julian Heatherich - 0412 995 655

For more details, please email agent

Savills Melbourne

Level 29, South Tower, 80 Collins Street, , Melbourne, VIC 3000


More properties from Savills Melbourne
Leased
108 Bridge Road, RICHMOND VIC, 3121

108 Bridge Road, ...

Retail
For Sale
260-266 Bell Street, HEIDELBERG HEIGHTS VIC, 3081

260-266 Bell Stre...

Land/DevelopmentLand/Development
Sold
487-489 King Street, WEST MELBOURNE VIC, 3003

487-489 King Stre...

OfficesRetailLand/Development
Sold
24-26 Lower Heidelberg Road, IVANHOE VIC, 3079

24-26 Lower Heide...

Land/DevelopmentLand/Development
Sold
447 Bay Street, BRIGHTON VIC, 3186

447 Bay Street, B...

Land/DevelopmentLand/DevelopmentRetail
Sold
323 Neerim Road Carnegie, CARNEGIE VIC, 3163

323 Neerim Road C...

RetailOfficesShowrooms/Bulky Goods
More properties from Tecoma
For Lease
1571 Burwood Highway, TECOMA VIC, 3160

1571 Burwood High...

Industrial/WarehouseRetail
For Lease
1547A Burwood Highway, TECOMA VIC, 3160

1547A Burwood Hig...

OfficesRetail
Leased
1571 Burwood Highway, TECOMA VIC, 3160

1571 Burwood High...

RetailIndustrial/Warehouse
For Sale
4 Rutherford Road, TECOMA VIC, 3160

4 Rutherford Road...

Medical/ConsultingOther
Loading...