Cnr Charlemont Road and Sanderling Avenue,
Armstrong Creek, VIC 3217
Medical & Consulting
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GEELONG’S NEWEST AND FINEST CHILDCARE INVESTMENT IN A STRATEGIC HIGH GROWTH LOCATION
BRAND NEW 10+10+10 YEAR LEASE TO 2047
CBRE is delighted to offer for sale Corner of Charlemont Road and Sanderling Avenue, Armstrong Creek. A purpose built child care centre and premium investment opportunity in one of Melbourne's key future growth suburbs, with strong underlying land value growth and outstanding demographics.
Leased to Eclipse Early Education: successful childcare provider with 11 centres currently in operation (following the sale of 22 centres to G8 Education Ltd between 2012–2014), plus a further 7 facilities scheduled to be opened by mid of 2017.
-New 10 year lease to Eclipse Early Education
-Two generous 10 year options to 2047
-Passing rental $230,100 pa* with annual built in rental growth
-Brand new 992sqm* purpose-built facility licensed for 118 places plus 25 onsite car spaces
-Substantial landholding of 2,575sqm* occupying a prominent corner location with 3 street frontages
-Attractive taxation depreciation benefits
-Strategically located near The Village Warralily anchored by Woolworths Supermarket including 13 specialty stores plus a large format pharmacy/medical Centre
-Armstrong Creek is among Victoria’s fastest growing suburbs by lot sales, Armstrong Creek’s population is estimated to grow to over 70,000 residents by 2030, housed in over 23,000 dwellings^
For Sale via Public Auction on Friday 17th November at 2:30pm at CBRE Melbourne Office
*Approx
^Source: TBA
Sandro Peluso
+61 418 389 7...
Josh Twelftree
+61 452 524 985
Kinson Wong
+61 450 712 341
CBRE is delighted to offer for sale Corner of Charlemont Road and Sanderling Avenue, Armstrong Creek. A purpose built child care centre and premium investment opportunity in one of Melbourne's key future growth suburbs, with strong underlying land value growth and outstanding demographics.
Leased to Eclipse Early Education: successful childcare provider with 11 centres currently in operation (following the sale of 22 centres to G8 Education Ltd between 2012–2014), plus a further 7 facilities scheduled to be opened by mid of 2017.
-New 10 year lease to Eclipse Early Education
-Two generous 10 year options to 2047
-Passing rental $230,100 pa* with annual built in rental growth
-Brand new 992sqm* purpose-built facility licensed for 118 places plus 25 onsite car spaces
-Substantial landholding of 2,575sqm* occupying a prominent corner location with 3 street frontages
-Attractive taxation depreciation benefits
-Strategically located near The Village Warralily anchored by Woolworths Supermarket including 13 specialty stores plus a large format pharmacy/medical Centre
-Armstrong Creek is among Victoria’s fastest growing suburbs by lot sales, Armstrong Creek’s population is estimated to grow to over 70,000 residents by 2030, housed in over 23,000 dwellings^
For Sale via Public Auction on Friday 17th November at 2:30pm at CBRE Melbourne Office
*Approx
^Source: TBA
Sandro Peluso
+61 418 389 7...
Josh Twelftree
+61 452 524 985
Kinson Wong
+61 450 712 341
Property ID: 502599570Last Updated: 3 Sep 2021
04183897...
Cnr Charlemont Road and Sanderling Avenue
Armstrong Creek, VIC 3217
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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