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Colliers International - Melbourne East
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1-3 Vera Street Frankston, VIC 3199

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For Sale - Expression of Interest

1-3 Vera Street Frankston, VIC 3199

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Land area

1772.0m²

Floor area

550.0m²

Brand New Childcare Investment

  • Current Net Income of $212,025 p.a
  • Leased until 2028 with options
  • Quality Private Childcare Occupier

Colliers International is pleased to offer 1-3 Vera Street, Frankston for Sale by Expression of Interest closing Thursday 7th March at 3pm.

1-3 Vera Street, Frankston represents an excellent opportunity to acquire a well-positioned, boutique childcare investment in the heart of Frankston. Currently leased to a quality operator in ‘Frankston House Sanctuary of Early Learning’ the property is leased until 2028 with ample options. Not only is this an opportunity to buy an investment with an enviable childcare catchment its immediate amenity are world class.

Key investment highlights are as follows:

- Quality and experience privately owned childcare operator trading as ‘Frankston House Sanctuary of Early Learning’

- Significant net income of $212,025 p.a*

- Attractive 3% annual rental reviews

- Newly refurbished/redeveloped childcare centre for 78 places

- Substantial options totalling 30 years

- Strategically located in the heart of Frankston just moment to Frankston Hospital, Monash University and the Frankston CBD

- Substantial 1,772m² offers long-term development options/foundations

- Frankston location – the Gateway to the Mornington Peninsula

Property ID: 503088238Last Updated: 19 Feb 2019

Colliers International - Melbourne East
1-3 Vera Street
Frankston, VIC 3199
Ben Baines
Ted Dwyer

Colliers International - Melbourne East

Level 7, Chadstone Tower One, 1341 Dandenong Rd
CHADSTONE, VIC 3148

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Colliers International - Melbourne East

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Colliers International - Melbourne East

Level 7, Chadstone Tower One, 1341 Dandenong Rd
CHADSTONE, VIC 3148
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Ben Baines

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Ben Baines
Colliers International - Melbourne East
1-3 Vera Street Frankston, VIC 3199

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

Kind Regards,

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  • Ben Baines

    Ben Baines

    Colliers International - Melbourne East
    +61 *** ***
  • Ted Dwyer

    Ted Dwyer

    Colliers International - Melbourne East
    +61 *** ***