206 Tramway Parade,
Beaumaris, VIC 3193
Medical & Consulting • Offices • Shops & Retail
Price information
Sale
Contact Agent
Under Contract
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$212,698
Number of Tenants
1 Tenant
Tenants / Type
Genius Childcare
Private inspections
to arrange a private inspection.
Map of 206 Tramway Parade
Train stations within 5 km of 206 Tramway Parade, Beaumaris, VIC 3193 Distance Cheltenham Station 1.6 km Mentone 1.7 km Mentone Station 1.8 km Southland Station 2.3 km Parkdale Station 3.1 km POWERED BY HERE ©Bus stops within 5 km of 206 Tramway Parade, Beaumaris, VIC 3193 Distance Balcombe Rd/Tramway Pde (Beaumaris) 13 m 363 Balcombe Rd 63 m Michael St/Balcombe Rd (Beaumaris) 90 m Coles Ct/Balcombe Rd (Beaumaris) 226 m Coreen Ave/Balcombe Rd (Beaumaris) 288 m POWERED BY HERE ©
POWERED BY HERE ©
Rare 30 Year Triple Net Lease to 2050 | Sought-After Bayside Location
- Triple net lease
- Dominant school catchment
- Increases to the greater of CPI or 2.5%
Burgess Rawson is pleased to offer to market the Genius Childcare Centre located at 206 Tramway Parade, Beaumaris VIC for sale via Offers to Purchase.
This opportunity has the following key investment highlights:
+ Thirty (30) year triple net lease to November 2050
+ One (1) further ten (10) year option to November 2060
+ Genius Childcare: highly experienced early education provider with a network of 35 centres nationally
+ Favourable annual increases to the greater of CPI or 2.5% with ratchet provisions at market review, ensuring future income growth
+ Highly desirable triple net lease structure with the tenant paying 100% of all outgoings including structural repairs and land tax
+ Completely refurbished 45 LDC place childcare situated within a family-oriented suburb, with 51% of the locale comprising of couples with children
+ Well-positioned 772sqm* site strategically located in a prime schooling catchment - 5 schools within a 750m* radius of the site and an additional 12 schools within a 3km radius, which combine to service 9,300+ students
+ Conveniently located within a 3km radius of numerous retail & commercial amenities including 5 standalone Coles & Woolworths supermarkets, Westfield Southland & Thrift Park Shopping Centre, underpinned by Kmart, Target, Woolworths, Coles, ALDI & 326 specialty retailers
+ Beaumaris: desirable and affluent bayside suburb situated 20km* from Melbourne CBD and within close proximity to Beaumaris Beach, Black Rock Beach, and Mentone Beach
+ Child Care/Early Education is an essential service with both the Federal and State Governments allocating unprecedented funding to the sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding plus an additional $4.7 billion to deliver more affordable child care, which includes increasing the Child Care Subsidy (CCS) rates from July 2023. This reform aims to enhance the affordability of early education and care for approximately 96% of families (1.2 million) with a child in care^
+ Net Income: $212,698 pa* + GST
For Sale by Offers to Purchase.
Please contact the exclusively appointed Burgess Rawson childcare team for more information.
*Approx.
^Australian Government - Department of Education | Child Care Subsidy Reform
This opportunity has the following key investment highlights:
+ Thirty (30) year triple net lease to November 2050
+ One (1) further ten (10) year option to November 2060
+ Genius Childcare: highly experienced early education provider with a network of 35 centres nationally
+ Favourable annual increases to the greater of CPI or 2.5% with ratchet provisions at market review, ensuring future income growth
+ Highly desirable triple net lease structure with the tenant paying 100% of all outgoings including structural repairs and land tax
+ Completely refurbished 45 LDC place childcare situated within a family-oriented suburb, with 51% of the locale comprising of couples with children
+ Well-positioned 772sqm* site strategically located in a prime schooling catchment - 5 schools within a 750m* radius of the site and an additional 12 schools within a 3km radius, which combine to service 9,300+ students
+ Conveniently located within a 3km radius of numerous retail & commercial amenities including 5 standalone Coles & Woolworths supermarkets, Westfield Southland & Thrift Park Shopping Centre, underpinned by Kmart, Target, Woolworths, Coles, ALDI & 326 specialty retailers
+ Beaumaris: desirable and affluent bayside suburb situated 20km* from Melbourne CBD and within close proximity to Beaumaris Beach, Black Rock Beach, and Mentone Beach
+ Child Care/Early Education is an essential service with both the Federal and State Governments allocating unprecedented funding to the sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding plus an additional $4.7 billion to deliver more affordable child care, which includes increasing the Child Care Subsidy (CCS) rates from July 2023. This reform aims to enhance the affordability of early education and care for approximately 96% of families (1.2 million) with a child in care^
+ Net Income: $212,698 pa* + GST
For Sale by Offers to Purchase.
Please contact the exclusively appointed Burgess Rawson childcare team for more information.
*Approx.
^Australian Government - Department of Education | Child Care Subsidy Reform
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Property ID: 504394212Last Updated: 1 Mar 2024
206 Tramway Parade
Beaumaris, VIC 3193
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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