1A Fitzpatrick Drive,
Altona Meadows, VIC 3028
Medical & Consulting • Shops & Retail • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
1A Fitzpatrick Drive
Altona Meadows, VIC 3028
Map of 1A Fitzpatrick Drive
Affordable Metro Childcare Freehold Investment
- 10 + 10 Year Net Lease to 2037
- Triple street frontage site
- Established & successful business
+ Renewed net lease to Baby Bells to 2027 plus option to 2037
+ Baby Bells: experienced private operator with long established business in a high-growth location
+ Tenant pays all usual outgoings
+ Purpose-built child care centre licensed for 75 LDC places
+ Prominent 1,729 sqm main road site with 94+ metre frontage to Central Avenue
+ Located opposite McDonald’s, metres from both Point Cook Road and the Princes Freeway, and only 18km from the Melbourne CBD
+ Hobsons Bay City Council: Home to 97,751 people, supporting 36,394 jobs and has an annual economic output of $16.669 billion.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year
+ Net Income: $171,286 pa + GST
For Sale by Investment Portfolio Auction
11:00am (AEDT) Wednesday 28 October
In conjunction with Childcare Sales Victoria
David Knuppel
0412 393 829
childcarebrokers@bigpond.com.au
+ Baby Bells: experienced private operator with long established business in a high-growth location
+ Tenant pays all usual outgoings
+ Purpose-built child care centre licensed for 75 LDC places
+ Prominent 1,729 sqm main road site with 94+ metre frontage to Central Avenue
+ Located opposite McDonald’s, metres from both Point Cook Road and the Princes Freeway, and only 18km from the Melbourne CBD
+ Hobsons Bay City Council: Home to 97,751 people, supporting 36,394 jobs and has an annual economic output of $16.669 billion.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year
+ Net Income: $171,286 pa + GST
For Sale by Investment Portfolio Auction
11:00am (AEDT) Wednesday 28 October
In conjunction with Childcare Sales Victoria
David Knuppel
0412 393 829
childcarebrokers@bigpond.com.au
Explore property virtually
Video
Property ID: 503666158Last Updated: 28 Jan 2021
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Point Cook Medical Complex, 225-229 Sneydes Road,Point Cook, VIC 3030 1413 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
2 Fogarty Street,Williams Landing, VIC 3027 1086 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
40 Mainview Boulevard,Truganina, VIC 3029 896 m²Medical & Consulting • Shops & Retail • Other