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329-345 Bay Road Cheltenham, VIC 3192

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329-345 Bay Road
Cheltenham, VIC 3192

Other • Medical & Consulting
Sold Price

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Floor area

2282.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

16 Jul 2018

Brand New Secure Bayside Child Care Investment

  • Secure 15 Year Lease
  • Brand New High Yielding Investment
  • Premium Bayside Location
Savills and Gorman Commercial are delighted to offer for sale Lot 2, 329 - 345 Bay Road, Cheltenham. This centre represents an incredible opportunity to secure a brand new, perfectly positioned childcare centre within one of Melbourne’s most desirable bayside
locations.

The key attributes of the property include:

• Brand new, three-level, purpose-built child care centre with permit for 112 places
• Within the new multi-million dollar ‘Assembly Bayside’ mixed use development
• Leased to ‘Little Learning School’ with over 30 centres nationally
• Brand new 15 year lease with two further 10 year options
• Annual rental of $423,600 per annum*
• Ideally positioned within Melbourne’s prestigious Bayside region
• Moments away from Westfield’s Southland Shopping Centre and the brand new Southland Train Station

The opportunity to secure such a high quality child care centre, securely leased to a national operator and located within one of Melbourne’s premium bayside locations is extremely rare, and as such we strongly recommend this investment opportunity.

Under Offer

https://www.youtube.com/watch?v=kLJ3TFZGqL8&t=1s

For more information, please contact:
Savills
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888

Gorman Commercial
Jonathon McCormack - 0418 835 885
Andrew Prowse - 0418 534 076

*Approx

Additional information

Property ID: 502799802Last Updated: 1 Aug 2018

329-345 Bay Road
Cheltenham, VIC 3192

Agency contacts

Savills - Melbourne

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Savills - Melbourne

Level 48, 80 Collins Street
MELBOURNE, VIC 3000
Gorman Commercial - Hawthorn East

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Gorman Commercial - Hawthorn East

415 Riversdale Road
HAWTHORN EAST, VIC 3123
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Benson Zhou
Savills - Melbourne
329-345 Bay Road Cheltenham, VIC 3192

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

Kind Regards,

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