Paisley Park Early Learning , 1350-1352 Dandenong Road (Princes Highway),
Hughesdale, VIC 3166
Key property information
Tenanted Investment Details
Map of Paisley Park Early Learning , 1350-1352 Dandenong Road (Princes Highway)
Train stations within 5 km of Paisley Park Early Learning , 1350-1352 Dandenong Road (Princes Highway), Hughesdale, VIC 3166 Distance Hughesdale Station 581 m Oakleigh Station 1.1 km Murrumbeena Station 1.4 km East Malvern Station 2 km Holmesglen Station 2 kmPOWERED BY HERE © Tram stops within 5 km of Paisley Park Early Learning , 1350-1352 Dandenong Road (Princes Highway), Hughesdale, VIC 3166 Distance 68-Carnegie/Truganini Rd (Carnegie) 2.4 km 67-Centre Rd/Truganini Rd (Carnegie) 2.5 km 66-Truganini Rd/Glenhuntly Rd (Carnegie) 2.5 km 66-Glenhuntly Rd/Truganini Rd (Carnegie) 2.5 km 64-Darling Rd/Waverley Rd (Malvern East) 2.6 kmPOWERED BY HERE © Bus stops within 5 km of Paisley Park Early Learning , 1350-1352 Dandenong Road (Princes Highway), Hughesdale, VIC 3166 Distance Chadstone SC/Eastern Access Rd (Malvern East) 381 m Maroo St/Poath Rd (Hughesdale) 440 m Camira St/Warrigal Rd (Chadstone) 476 m Neerim Rd/Poath Rd (Hughesdale) 480 m Lawrance St/Poath Rd (Murrumbeena) 510 mPOWERED BY HERE ©
Landmark Childcare Investment | Opposite Chadstone Shopping Centre
- Rare 15 year triple net lease to 2032
- Greater of CPI or 3%pa rent increases
- Strategic 1,527 sqm highway site
+ Two (2) further Five (5) year options to 2042.
+ Paisley Park Early Learning: national early education provider.
+ Annual rent increases to the greater of CPI or 3%, plus ‘ratchet’ provisions at market reviews, guaranteeing rental growth.
+ Tenant pays 100% of outgoings including: all maintenance (capex & structural), rates, land tax (multiple holding), insurance and management fees.
+ Impressive 1,134sqm multi-level child care centre, licensed for 120 LDC places.
+ Strategic 1, 527 sqm highway site, with 58,000 vehicles passing daily, close proximity to the Monash Freeway interchange, and 14km from the Melbourne CBD.
+ Situated within significant education precinct (10 schools within a 2km radius).
+ High profile location directly opposite Chadstone – The Fashion Capital, Australia’s Largest Shopping Centre underpinned by more than 500 stores.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $587,601* pa + GST (as at July 2022).
For Sale by Expression of Interest
Closing date: 4pm Thursday 30th June 2022
*Mitchell Institute, Australian Investment in Education: Early Learning.
地标性幼儿园投资物业 | 南半球最大购物中心Chadstone SC正对面
+ 全新15年三净租约租与Paisley Park幼托中心至2032年.
+ Paisley Park Early Learning: 优质全国性幼托机构.
+ 年租金纯收入：$587,601 + 税 （2022年7月起).
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Property ID: 504077243Last Updated: 24 Jun 2022