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Outstanding Child Care Investment

405 Anakie Road, NORTH GEELONG VIC, 3215

Sold

Property Sold in 405 Anakie Road, NORTH GEELONG VIC, 3215

Listing ID:
11253876
Status:
Sold
Price:
Immediate Private Sale
Last Updated:
12/12/2019
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Property Type

Medical/Consulting/Retail
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Land Area

4157 SQM
Icon size

Floor Area

845 SQM
Icon parking

Parking

N/A

Outstanding Child Care Investment

Savills is delighted to offer for sale 405 Anakie Road, Lovely Banks. This brand new purpose built child care centre represents an unprecedented opportunity to secure a premium investment in one of Victoria’s high growth suburbs.

Key attributes of this outstanding development site include:

- New 14 + 5 + 5 + 5 + 5 year lease anticipated to commence on 1 January 2018
- Current net rental of $334,750 with annual built in rental growth
- A modern, purpose built centre with approval for 130 places
- Substantial landholding of 4,157sq m* occupying a prominent corner location with two street frontages
- Large building area of 845sq m* with 34 onsite car spaces
- Key growth suburb with strong demographics
- Significant income tax depreciation benefits
- Tenant to pay all usual outgoings
- Blue-chip asset set for future capital appreciation
- Perfect opportunity to invest in Australia’s booming child care market

The opportunity to secure such a high quality centre, securely leased to a long standing operator and located within the high growth suburb of Lovely Banks is extremely rare, and as such we strongly recommend this investment opportunity.

Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Mark Stafford - 0404 401 053

For more details, please email agent

Savills Melbourne

Level 48, 80 Collins Street, Melbourne, VIC 3000


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