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173 Bluff Road Black Rock, VIC 3193

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173 Bluff Road,
Black Rock, VIC 3193

Medical & Consulting • Shops & Retail • Other

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Sought-After Bayside Childcare Investment | 15 Year Net Lease to 2033

  • 15 year net lease + options to 2053
  • Attractive 3.75% pa rent increases
  • Story House: 30 centres nationally
+ Secure 15 year net lease to Story House Early Learning to 2033
+ Desirable 3.75% annual rent increases
+ Story House Early Learning: national early education provider with a network of 30 centres along the eastern seaboard
+ As new 512 sqm multi-storey child care facility licensed for 73 LDC places
+ Large 1,539sqm site minutes from both Beach and Bay Roads
+ Sought-after bayside location only 16km from the Melbourne CBD
+ Net Income: $255,453 pa + GST and Outgoings

For Sale by Auction
11am Wednesday 11 December 2019
Crown Casino, River Room, Melbourne

Property ID: 503398378Last Updated: 8 Apr 2020

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173 Bluff Road
Black Rock, VIC 3193
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