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321-323 Huntingdale Road, CHADSTONE, VIC, 3148

+4 Photos

+6 Photos

SOLD

321-323 Huntingdale Road, CHADSTONE, VIC, 3148

Properties / Sold / Victoria / Chadstone

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

EOI Closed - Offers Under Review

Land Area

1,962 m² (*approx)

Floor Area

689 m² (*approx)

Property Type

Retail, Child/Healthcare, Other

Sub-type

Health Care & Medical, Child Care, Mixed Use, Consulting Rooms

Est. Income

$441,000 p/a

Show All

2. Property Highlights

Chadstone Childcare Investment - Part of the Early Education Portfolio

Places: 98
Income: $441,000pa*
Lease: 20+10+10 years

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

The Chadstone investment at 321-323 Huntingdale Road presents an outstanding opportunity with the following key attributes:

- Childcare centre of 98 places

- 20+10+10 year lease

- Operated by Think Childcare

- Commencing net income of $441,000pa*

- Annual rental increases of 3 – 4% (Min/max based on CPI + 1%)

- New construction with significant depreciation benefits

- Strategically located near several primary and secondary schools including Mount Waverley Primary and St Mary Magdalen’s Primary

- Chadstone has a local population which comprises 46% of families^

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

UNDER CONTRACT

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