CS Education, 2/7 Hollingsworth Drive,
Cobblebank, VIC 3338
Offices • Shops & Retail • Medical & Consulting
Price information
Sale - Auction Tue 14 May
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$43,000
Number of Tenants
1 Tenant
Tenants / Type
CS Education
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
CS Education, 2/7 Hollingsworth Drive
Cobblebank, VIC 3338
Map of CS Education, 2/7 Hollingsworth Drive
Train stations within 5 km of CS Education, 2/7 Hollingsworth Drive, Cobblebank, VIC 3338 Distance Cobblebank Station 888 m Melton Station 2.4 km POWERED BY HERE ©Bus stops within 5 km of CS Education, 2/7 Hollingsworth Drive, Cobblebank, VIC 3338 Distance Mitchell Rd/Exford Rd (Melton South) 1.9 km Hume Ave/Exford Rd (Melton South) 1.9 km Wilson Rd/Exford Rd (Melton South) 1.9 km Northcott St/Exford Rd (Melton South) 2 km Blaxland Rd/Mitchell Rd (Melton South) 2.1 km POWERED BY HERE ©
POWERED BY HERE ©
Brand New 7 Year Lease to 2030 | National Education Group With 33 Locations
- 7 Year Lease to 2030 Plus Options
- Fixed 3% Annual Increases
- Tenant Pays All Usual Outgoings
Burgess Rawson are delighted to present to the market CS Education at 2, 7 Hollingsworth Drive, Cobblebank (Melton) VIC for sale by Investment Portfolio Auction 168.
This investment has the following highlights:
+ Long 7-year net lease to December 2030 plus options to 2040.
+ CS Education: Tuition business established in 2002 providing comprehensive coaching and tutoring services from kindergarten to Year 6. The group now has 33 locations across Victoria, New South Wales, Queensland and South Australia.
+ Landlord preferred, net lease terms with tenants paying all usual outgoings.
+ Strong and certain rental growth with annual fixed 3% increases.
+ Brand new 124 sqm* premises with access to 124 public car spaces.
+ Surrounded by complimentary business’ including Aspire Childcare, Dee Ann’s Supermarket, Domino’s, Your Choice Liquor, Blue Hippo Laundry, Eagle Kebab, Amelia Café & more.
+ Brand new providing significant tax saving depreciation benefits.
+ Strategic position with 7 schools (5,526 students) and 8 childcare centres within 3km.
+ Central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre.
+ Future $900M Melton Hospital: 600 metres* from the subject property, 274+ beds, 24 hour emergency department expected to create more than 700 - 1,700 direct and indirect jobs during construction.**
+ City of Melton: Booming Melbourne growth suburb, 98% forecast population growth by 2051.***
+ Net Income: $43,400 pa* + GST
To be sold via Investment Portfolio Auction 168
10:30am AEST Tuesday 14 May 2024
River Room, Crown Casino, Melbourne VIC
For more information, please contact the exclusive selling agents below:
DAVID NAPOLEONE
0417 308 0...
dnapoleone@burgessrawson.com.au
ROMANOR FALCONER
0413 830 8...
rfalconer@burgessrawson.com.au
SHAUN VENABLES
0411 860 8...
svenables@burgessrawson.com.au
*Approx
**VHBA
***Forecast.id
This investment has the following highlights:
+ Long 7-year net lease to December 2030 plus options to 2040.
+ CS Education: Tuition business established in 2002 providing comprehensive coaching and tutoring services from kindergarten to Year 6. The group now has 33 locations across Victoria, New South Wales, Queensland and South Australia.
+ Landlord preferred, net lease terms with tenants paying all usual outgoings.
+ Strong and certain rental growth with annual fixed 3% increases.
+ Brand new 124 sqm* premises with access to 124 public car spaces.
+ Surrounded by complimentary business’ including Aspire Childcare, Dee Ann’s Supermarket, Domino’s, Your Choice Liquor, Blue Hippo Laundry, Eagle Kebab, Amelia Café & more.
+ Brand new providing significant tax saving depreciation benefits.
+ Strategic position with 7 schools (5,526 students) and 8 childcare centres within 3km.
+ Central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre.
+ Future $900M Melton Hospital: 600 metres* from the subject property, 274+ beds, 24 hour emergency department expected to create more than 700 - 1,700 direct and indirect jobs during construction.**
+ City of Melton: Booming Melbourne growth suburb, 98% forecast population growth by 2051.***
+ Net Income: $43,400 pa* + GST
To be sold via Investment Portfolio Auction 168
10:30am AEST Tuesday 14 May 2024
River Room, Crown Casino, Melbourne VIC
For more information, please contact the exclusive selling agents below:
DAVID NAPOLEONE
0417 308 0...
dnapoleone@burgessrawson.com.au
ROMANOR FALCONER
0413 830 8...
rfalconer@burgessrawson.com.au
SHAUN VENABLES
0411 860 8...
svenables@burgessrawson.com.au
*Approx
**VHBA
***Forecast.id
Property ID: 504570860Last Updated: 1 May 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.