Share this property

Burgess Rawson - Melbourne

61-63 Chandler Road Noble Park, VIC 3174

Directions

61-63 Chandler Road,
Noble Park, VIC 3174

Medical & Consulting • Shop & Retail • Other

Price information

Sale

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$303,600
Number of Tenants
1 Tenant
Tenants / Type
Childcare

Private inspections

to arrange a private inspection.

Burgess Rawson - Melbourne
61-63 Chandler Road
Noble Park, VIC 3174
Burgess Rawson - Melbourne
Adam Thomas
Natalie Couper

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street
MELBOURNE, VIC 3000

Map of 61-63 Chandler Road

Directions
  • Train stations within 5 km of 61-63 Chandler Road, Noble Park, VIC 3174Distance
    Noble Park Station946 m
    Yarraman Station1 km
    Sandown Park Station2.5 km
    Dandenong Station3 km
    Springvale Station3.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 61-63 Chandler Road, Noble Park, VIC 3174Distance
    Chandler Rd/Heatherton Rd (Noble Park)356 m
    Namu St/Heatherton Rd (Noble Park)393 m
    Marshall St/Heatherton Rd (Noble Park)435 m
    Chandler Rd/Railway Pde (Noble Park)458 m
    Pamela St/Railway Pde (Noble Park)495 m
    POWERED BY HERE ©
POWERED BY HERE ©

Impressive New Childcare Investment | 20 Year Net Lease

  • 20 Year Net Lease + options to 2055
  • Fixed 3% annual rent increase
  • Significant tax depreciation benefits
+ New 20 year Net Lease to Story House Early Learning to 2040
+ Three further five year options to 2055
+ Story House Early Learning: experienced early education provider with a network of 37 centres nationally
+ Tenant pays all usual outgoings including land tax (single holding basis)
+ Desirable 3% annual rent increases with market reviews at the commencement of each further term
+ Impressive, new 642 sqm multi-storey purpose-built child care facility licensed for 92 LDC places
+ New construction with significant depreciation benefits
+ Strategically positioned 600m from the Princes Highway/Eastlink Junction and 25km south east from the Melbourne CBD
+ Positioned within significant education precinct (18 schools within a 3km radius)
+ Child Care/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector during the 2019–20 financial year
+ Net Income: $303,600 + GST and Outgoings

For Sale

Explore property virtually

Video

If you'd like to inspect this property in person, please to arrange a private inspection.

Property ID: 503556830Last Updated: 13 Jul 2020

Agency contacts

Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
View agency profile
progress tick

Sending email...

Email enquiry

Adam Thomas

Send to:

Adam Thomas
Burgess Rawson - Melbourne
61-63 Chandler Road Noble Park, VIC 3174

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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.

Select agent to call