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4 Rutherford Road, TECOMA, VIC 3160

2. Property Highlights

MODERN CHILD CARE CENTRE WITH BRAND NEW LEASE TO ASX LISTED TENANT
  • Affordable Investment Opportunity
  • ASX Listed Operator
  • 10+10+10 Year Lease

Savills is delighted to offer for sale this incredible child care investment opportunity located at 4 Rutherford Road, Tecoma. This recently refurbished centre benefits from modern improvements and a favourable lease covenant to blue chip ASX listed tenant.

The key attributes of the outstanding investment opportunity include:

- Modern fully refurbished child care centre

- Leased to ASX listed operator - Mayfield Childcare Limited (21 centres state-wide)

- Brand new 10+10+10 year lease from May 2019

- Currently returning $273,000 per annum* + Outgoings & GST

- Fixed annual 3% rental increases

- Licensed for 78 places

- Substantial landholding of 2,779sq m*

- Located within an established residential neighbourhood

- Surrounded by a variety of further education facilities including Tecoma Primary, Upwey Primary School and Upwey High School

*Approx.

For Private Sale

Please contact Savills agents for more information:

Mark Stafford - 0404 401 053

Julian Heatherich - 0412 995 655

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

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3. Property Location

4 Rutherford Road, TECOMA, VIC 3160

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4. Due Diligence

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4 Rutherford Road, TECOMA, VIC 3160 Tecoma
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