145 Anderson Road & 1A King Edward Avenue,
Albion, VIC 3020
Medical & Consulting • Shops & Retail • Other
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Map of 145 Anderson Road & 1A King Edward Avenue
Train stations within 5 km of 145 Anderson Road & 1A King Edward Avenue, Albion, VIC 3020 Distance Albion Station 695 m Sunshine Railway Station 724 m Ardeer 2.3 km Ginifer Station 2.9 km Tottenham Station 3.6 km POWERED BY HERE ©Tram stops within 5 km of 145 Anderson Road & 1A King Edward Avenue, Albion, VIC 3020 Distance 50-Williamson Rd/Wests Rd (Maribyrnong) 4.9 km 50-Wests Rd/Williamson Rd (Maribyrnong) 4.9 km 49-Highpoint Shopping Centre/Wests Rd (Maribyrnong) 4.9 km POWERED BY HERE ©Bus stops within 5 km of 145 Anderson Road & 1A King Edward Avenue, Albion, VIC 3020 Distance Anderson Rd/Forrest St (Albion) 245 m Kororoit St/Forrest St (Albion) 379 m King Edward Ave/Sydney St (Albion) 435 m Sunshine PlazaHampshire Rd 438 m Ridley St/Sydney St (Albion) 446 m POWERED BY HERE ©
POWERED BY HERE ©
Brand New 15 Year Lease to an Established Childcare ! Priced Reduced Make Us an Offer
James Gregson Commercial is pleased to offer this outstanding freehold investment via private sale, this property boasts solid fundamentals and an excellent long term lease covenant for your consideration.
Astute investors will note the land rich site has excellent capital growth potential as well as stable & predictable rental increases.
The properties comprise of two (2) titles, both zoned General Residential 1 and have a combined land area of 1,724m2 approximately.
Improvements on the land include an existing Childcare centre featuring a former Edwardian era residence, two spacious paved car parks, two outdoor play areas, and additional flexible internal accommodation currently permitted for 95 child placements.
Lease details are as follows:
Tenant - Ayad & Sons Pty Ltd
Lease Term - 15 years commencing on the 17th March 2023
Further terms - two further terms of 10 years each
Rent - $220,420 per annum + GST
Review - 3% annual increases (June 2024)
Outgoings - Paid by the tenant
Security Deposit - Equivalent to 6 months rent + GST
Astute investors will note the land rich site has excellent capital growth potential as well as stable & predictable rental increases.
The properties comprise of two (2) titles, both zoned General Residential 1 and have a combined land area of 1,724m2 approximately.
Improvements on the land include an existing Childcare centre featuring a former Edwardian era residence, two spacious paved car parks, two outdoor play areas, and additional flexible internal accommodation currently permitted for 95 child placements.
Lease details are as follows:
Tenant - Ayad & Sons Pty Ltd
Lease Term - 15 years commencing on the 17th March 2023
Further terms - two further terms of 10 years each
Rent - $220,420 per annum + GST
Review - 3% annual increases (June 2024)
Outgoings - Paid by the tenant
Security Deposit - Equivalent to 6 months rent + GST
Property ID: 504184779Last Updated: 8 Apr 2024
04215164...
145 Anderson Road & 1A King Edward Avenue
Albion, VIC 3020
James Gregson Commercial - MELBOURNE330 Collins St
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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