189-195 Torquay Road,
Grovedale, VIC 3216

Shops & Retail • Medical & Consulting • Other

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Established & Affordable Childcare Investment

New 10 year net lease + opts to 2038
Fixed 3% annual rent increases
3,023 sqm main road site

+ 10 + 5 + 5 year net lease to 2038
+ Fixed 3% annual rent increases
+ Tenant pays all usual outgoings including management fees
+ Modern purpose-built child care facility licensed for 95 LDC places
+ Huge 3,023 sqm main road site metres from ALDI and only 7km south from the Geelong CBD
+ Greater Geelong: current resident population of 251,540 with forecast growth of 29% to 325,779 by 2036 (source: profile.id)
+ Net Income: $162,445 pa + GST and Outgoings (as at September 2019)

For Sale by Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

Property ID: 503299334Last Updated: 22 May 2020

189-195 Torquay Road

Grovedale, VIC 3216

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

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