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Savills - Melbourne

4 Rutherford Road Tecoma, VIC 3160

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4 Rutherford Road,
Tecoma, VIC 3160

Medical & Consulting • Other

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Savills - Melbourne
Julian Heatherich

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
0412 995 6...
Savills - Melbourne
4 Rutherford Road
Tecoma, VIC 3160

Map of 4 Rutherford Road

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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 6...

Additional information

Property ID: 503356278Last Updated: 17 Jan 2021

Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
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