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Savills Melbourne - MELBOURNE
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20 Reservoir Road Frankston, VIC 3199

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For Sale - Expression of Interest

20 Reservoir RoadFrankston, VIC 3199

Medical & Consulting • Development Sites & Land
Sale Price

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Land area

2211.0m²

Floor area

380.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Affordable Child Care Investment Leased to Blue Chip Tenant

  • Leased to Affinity Education
  • Boutique 65 Place Centre
  • Significant Residential Landholding
Savills is delighted to offer for sale 20 Reservoir Road, Frankston. This high quality child care centre represents a premium opportunity to secure the ultimate investment with significant future upside.

The key attributes of the property include:
- Leased to Affinity Education Group with over 150 centres nationally
- Boutique child care centre licensed for 65 places
- Current net rental of $92,700 per annum*
- 5 year lease with options until December 2037
- Very conservative rental rate with fixed 3% increases
- Significant landholding of 2,211sq m*
- General Residential Zone
- Situated in prime suburban Frankston location with 12 Primary and Secondary schools within 2km*

The opportunity to secure such an affordable, high quality centre, securely leased to an established operator, and located within an established bayside suburb is extremely rare, and as such we strongly recommend this investment opportunity.

20 Reservoir Road, Frankston is For Sale by Expressions of Interest closing Wednesday 18 September at 2pm.

For further information please contact:

Mark Stafford - 0404 401 053
Glenn Ye - 0476 938 888
Yvonne Zhou - 0415 100 831

Additional information

Property ID: 503302710Last Updated: 11 Sep 2019

Savills Melbourne - MELBOURNE
20 Reservoir Road
Frankston, VIC 3199
Mark Stafford
Glenn Ye
Yvonne Zhou

Savills Melbourne - MELBOURNE

150 Collins Street
MELBOURNE, VIC 3000

Agency contacts

Savills Melbourne - MELBOURNE

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Savills Melbourne - MELBOURNE

150 Collins Street
MELBOURNE, VIC 3000
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Mark Stafford

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Mark Stafford
Savills Melbourne - MELBOURNE
20 Reservoir Road Frankston, VIC 3199

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

Kind Regards,

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