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23-25 O’Neills Road, MELTON, VIC, 3337

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SOLD

23-25 O’Neills Road, MELTON, VIC, 3337

Properties / Sold / Victoria / Melton

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

EOI Closed - Offers Under Review

Land Area

1,749 m² (*approx)

Floor Area

483 m² (*approx)

Property Type

Retail, Child/Healthcare, Other

Terms

Lease: 20+10+10+10 years

Est. Income

$304,832 p/a

Fully Leased

Story House Early Learning

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2. Property Highlights

Melton Childcare Investment - Part of the Early Education Portfolio

Places: 88
Income: $304,832pa*
Lease: 20+10+10+10 years

Savills, Burgess Rawson and CBRE and are delighted to present a premium portfolio of 21 Early Education investments located within select, high-growth corridors in Melbourne and Perth.

The Melton investment at 23-25 O’Neills Road presents an outstanding opportunity with the following key attributes:

- Childcare centre of 88 places

- 20+10+10+10 year lease

- Operated by Story House Early Learning

- Commencing net income of $304,832pa*

- Annual fixed rental increases of 3%

- New construction with significant depreciation benefits

- Strategically located near several primary and secondary schools including Melton Primary and St Dominic’s Primary

- Melton has a local population which comprises 82% of families^

*Approximate. ^2016 Census Quick Facts, Melton (Vic)

EOI Closed - Offers Under Review

For further information on this opportunity or the whole portfolio of premium assets, please contact the exclusive selling agents.

Remember to mention you found this property on CommercialReady.com.au

Property Type

Retail, Child/Healthcare, Other

Est. Income

$304,832 p/a

Number Of Tenants

Tenant

Story House Early Learning

Terms

Lease: 20+10+10+10 years

Land Area

1,749 m² (*approx)

Floor Area

483 m² (*approx)

Selling Method

EOI

Selling Details

EOI Closed - Offers Under Review

2. Property Highlights

Melton Childcare Investment - Part of the Early Education Portfolio

Places: 88
Income: $304,832pa*
Lease: 20+10+10+10 years

Savills, Burgess Rawson and CBRE and are delighted to present a premium portfolio of 21 Early Education investments located within select, high-growth corridors in Melbourne and Perth.

The Melton investment at 23-25 O’Neills Road presents an outstanding opportunity with the following key attributes:

- Childcare centre of 88 places

- 20+10+10+10 year lease

- Operated by Story House Early Learning

- Commencing net income of $304,832pa*

- Annual fixed rental increases of 3%

- New construction with significant depreciation benefits

- Strategically located near several primary and secondary schools including Melton Primary and St Dominic’s Primary

- Melton has a local population which comprises 82% of families^

*Approximate. ^2016 Census Quick Facts, Melton (Vic)

EOI Closed - Offers Under Review

For further information on this opportunity or the whole portfolio of premium assets, please contact the exclusive selling agents.