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PERMIT APPROVED CHILD CARE DEVELOPMENT SITE WITH LEASE

902 - 904 Station Street, BOX HILL NORTH VIC, 3129

For Sale

Property for Sale in 902 - 904 Station Street, BOX HILL NORTH VIC, 3129

Listing ID:
11368686
Status:
Active
For:
Sale
Last Updated:
27/11/2019
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Property Type

Medical/Consulting/Land/Development/Other
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Land Area

1449 SQM
Icon size

Floor Area

1 SQM
Icon parking

Parking

N/A

PERMIT APPROVED CHILD CARE DEVELOPMENT SITE WITH LEASE

Savills is thrilled to offer for sale this first-class permit approved child care development opportunity located at 902-904 Station Street, Box Hill North. The proposed child care centre of 122 places benefits from a pre-lease to an experienced national tenant.

Key attributes of this impressive opportunity include:
• Combined landholding of 1,449sq m*
• Permit approved child care centre for 122 places
• 15 year lease plus further 10 + 5 + 5 year options
• Lease to premium national operator
• Commencing net rental of $500,200 per annum* (based on 122 licensed places)
• 17 primary and secondary schools are located within 3km
• Short distance from the Box Hill Activity Centre

*Approx.

902-904 Station Street, Box Hill North is For Immediate Private Sale

For further information please contact:
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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