117A Kooyong Road,
Armadale, VIC 3143
Medical & Consulting • Other • Development Sites & Land
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
117A Kooyong Road
Armadale, VIC 3143
Map of 117A Kooyong Road
FLAGSHIP 15 YEAR EDUCATION INVESTMENT IN ELITE ARMADALE
- Returning $951,720 + outgoings & GST
- 15+10+10+10 Year Lease to 2067
- Top 10 Victorian Suburb
CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 117A Kooyong Road, Armadale for sale. An architecturally designed, eye catching childcare centre leased to one of the country’s highest quality private childcare providers.
Constructed with uncompromising standards amidst a back drop of rising development costs the subject property offers investors a stable long-term income stream of significantly reduced early learning investment supply forecast in the years to come.
This unique opportunity allows investors the opportunity to acquire a long-term investment in one of the country’s most esteemed suburbs.
Part of the Elite Early Education Collection compromising ten (10) premium childcare investments offered individually or in one-line
+New 15-year lease to 2037 with (3) three further (10) ten-year options to 2067
+Annual income of $951,720* + Outgoings & GST with fixed annual increases^
+Tenant pays all outgoings including land tax
+Explorers Early Learning – Highly respected, leading private childcare provider specialising in the Victorian market with 22 centres in operation and further across their development pipeline
+Modern and high-quality existing improvements incorporating a state-of-the-art childcare extension and renovation of 1131 sqm*
+Underlying landholding of 1,986 sqm* within one of Melbourne’s tightest held postcodes making future replication highly unlikely
Location
+Armadale is a top 10 Victorian suburb located approximately 7 kilometers southeast of Melbourne's CBD
+Services a catchment area containing some of Melbourne most expensive education facilities including, Armadale Primary School, Lauriston Girls School, The King David School, Auburn Primary School, De La Salle College and St Jospeh’s School
+Walking distance to local amenities including Woolworths Toorak, Cabrini Hospital, Armadale Train Station and Armadale’s exclusive High Street precinct
+Numerous parks and gardens including Malvern Cricket Ground, Toorak Park & Orrong Romanis Reserve
For more information please contact CBRE’s National Healthcare & Social Infrastructure team below;
Sandro Peluso
0418 389 7...
Jimmy Tat
0439 399 1...
Marcello Caspani-Muto
0417 065 7...
^NOI is based on FY23 Vendor Outgoings Budget. Prospective purchasers should make their own enquiries. NOI is as at 31 March 2023.
Constructed with uncompromising standards amidst a back drop of rising development costs the subject property offers investors a stable long-term income stream of significantly reduced early learning investment supply forecast in the years to come.
This unique opportunity allows investors the opportunity to acquire a long-term investment in one of the country’s most esteemed suburbs.
Part of the Elite Early Education Collection compromising ten (10) premium childcare investments offered individually or in one-line
+New 15-year lease to 2037 with (3) three further (10) ten-year options to 2067
+Annual income of $951,720* + Outgoings & GST with fixed annual increases^
+Tenant pays all outgoings including land tax
+Explorers Early Learning – Highly respected, leading private childcare provider specialising in the Victorian market with 22 centres in operation and further across their development pipeline
+Modern and high-quality existing improvements incorporating a state-of-the-art childcare extension and renovation of 1131 sqm*
+Underlying landholding of 1,986 sqm* within one of Melbourne’s tightest held postcodes making future replication highly unlikely
Location
+Armadale is a top 10 Victorian suburb located approximately 7 kilometers southeast of Melbourne's CBD
+Services a catchment area containing some of Melbourne most expensive education facilities including, Armadale Primary School, Lauriston Girls School, The King David School, Auburn Primary School, De La Salle College and St Jospeh’s School
+Walking distance to local amenities including Woolworths Toorak, Cabrini Hospital, Armadale Train Station and Armadale’s exclusive High Street precinct
+Numerous parks and gardens including Malvern Cricket Ground, Toorak Park & Orrong Romanis Reserve
For more information please contact CBRE’s National Healthcare & Social Infrastructure team below;
Sandro Peluso
0418 389 7...
Jimmy Tat
0439 399 1...
Marcello Caspani-Muto
0417 065 7...
^NOI is based on FY23 Vendor Outgoings Budget. Prospective purchasers should make their own enquiries. NOI is as at 31 March 2023.
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Armadale, 3143 demographic data
The median household income for Armadale is $2,193, 15% higher than Greater Melbourne's household income of $1,901. Armadale has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 43% of property owners in Armadale have a mortgage.
9,368
Population
$2,193 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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