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LOCI - Ferntree Gully

89 Morris Road Upwey, VIC 3158

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89 Morris Road,
Upwey, VIC 3158

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Added 3 days ago

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LOCI - Ferntree Gully
Jarrod Peterson

LOCI - Ferntree Gully

52 Forest Road
FERNTREE GULLY, VIC 3156
0409 408 5...
LOCI - Ferntree Gully
89 Morris Road
Upwey, VIC 3158

Map of 89 Morris Road

Directions
  • Train stations within 5 km of 89 Morris Road, Upwey, VIC 3158Distance
    Upwey Station1.1 km
    Tecoma Station1.5 km
    Belgrave Station2.5 km
    Upper Ferntree Gully Station2.8 km
    Ferntree Gully Station4.5 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 89 Morris Road, Upwey, VIC 3158Distance
    Upwey South Primary School/Griffiths Rd (Upwey)195 m
    Griffiths RdMorris Rd Upwey241 m
    Kooringal Rd/Tasman Ave (Upwey)422 m
    Forest Park Rd/Tasman Ave (Upwey)474 m
    69 Forest Park Rd488 m
    POWERED BY HERE ©
POWERED BY HERE ©

Boutique Childcare Centre with Extensive Waitlist in The Dandenong Ranges

  • 45-Place Single-level Childcare Centre
  • $128,044 + GST with Fixed 4.5% Increases
  • Strong Performing Centre with Waitlist
LOCI Real Estate Ferntree Gully is delighted to present 89 Morris Road, Upwey. This property represents an entry level childcare investment, secured by established long term operator "Dandenong Ranges Childcare" and demonstrates strong trading performance with a significant current waiting list.

Opportunity Highlights:
• Licensed 45 place, single level childcare centre
• Strong income profile returning $128,044 +GST* with fixed 4.5% annual increases
• Secure long-term lease to 2030 with options to 2040, ensuring stable long-term income (5x5x5 year lease)
• Established local boutique operator that has been in business here for almost 30 years
• Well-presented facility with an assortment of play rooms inside and a large outside play area
• Excellent school catchment – next door to Upwey South Primary School and close to other key primary & secondary schools
• Prime location - within 1km of Upwey main street and close to Eastlink & The Monash Freeway
• Land size is 1,060m2 with a total building area of 276 sqm * plus 8 dedicated carparks
• Rare offering - to be sold via Private Sale

Inspect without delay to fully appreciate all that this fabulous development opportunity has to offer the astute investor. Please note all inspections are by appointmnet only so please call Jarrod Peterson on 0409 408 5... to arrange your private inspection.

LOCI Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

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Upwey, 3158 demographic data

The median household income for Upwey is $2,171, 14% higher than Greater Melbourne's household income of $1,901. Upwey has an older age profile compared to the rest of Greater Melbourne (median age 41 vs 37). Property ownership data shows 60% of property owners in Upwey have a mortgage.

6,818
Population
$2,171 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
LOCI - Ferntree Gully
52 Forest Road
FERNTREE GULLY, VIC 3156