Savills is delighted to offer for sale this newly established childcare investment opportunity located at 54-56 Stanley Street, Wallan.
Key attributes of this opportunity include:
• Recently signed 15+10+10+10-year lease with North Star Early Education
• Returning $352,800 + GST & outgoings with a 3.5% fixed rental increase
• 2,023sqm* corner landholding boasting over 41m* frontage
• 98 place purpose-built facility comprising of 5 rooms, kitchen, piazza, office and 21 car spaces
• Highly successful centre with circa 75% occupancy rate achieved in 3 months
• Brand new facility with depreciation benefits available
• Ideally located within 300m* of Wallan Primary School and Wallan Secondary College
• Easy access to a wide variety of lifestyle & retail amenity within Wellington Square and Wellington Walk Shopping Centres on High Street only a short walk away
*Approximate
For Sale by Expressions of Interest closing Wednesday 27 August at 2pm.
For further information please contact:
Tanya Su - 0430 302 950
Julian Heatherich - 0412 995 655
Beau Bakhtani - 0412 159 038
Remember to mention you found this property on CommercialReady
Savills is delighted to offer for sale this newly established childcare investment opportunity located at 54-56 Stanley Street, Wallan.
Key attributes of this opportunity include:
• Recently signed 15+10+10+10-year lease with North Star Early Education
• Returning $352,800 + GST & outgoings with a 3.5% fixed rental increase
• 2,023sqm* corner landholding boasting over 41m* frontage
• 98 place purpose-built facility comprising of 5 rooms, kitchen, piazza, office and 21 car spaces
• Highly successful centre with circa 75% occupancy rate achieved in 3 months
• Brand new facility with depreciation benefits available
• Ideally located within 300m* of Wallan Primary School and Wallan Secondary College
• Easy access to a wide variety of lifestyle & retail amenity within Wellington Square and Wellington Walk Shopping Centres on High Street only a short walk away
*Approximate
For Sale by Expressions of Interest closing Wednesday 27 August at 2pm.
For further information please contact:
Tanya Su - 0430 302 950
Julian Heatherich - 0412 995 655
Beau Bakhtani - 0412 159 038
Remember to mention you found this property on CommercialReady
54-56 Stanley Street, Wallan, VIC, 3756
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