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Burgess Rawson - Melbourne

4 Watson Road Mount Martha, VIC 3934

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4 Watson Road,
Mount Martha, VIC 3934

Shop & Retail • Medical & Consulting • Other

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Burgess Rawson - Melbourne
Adam Thomas
Natalie Couper
Shaun Venables

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
4 Watson Road
Mount Martha, VIC 3934

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Trophy Bayside Childcare Investment

  • 10 + 10 + 10 year net lease to 2050
  • Desirable 3.5% annual rent increases
  • 1,040sqm site with two street frontages
+ Little Acorns: long established early education childcare provider with three Mornington Peninsula locations
+ Fixed 3.5% annual rent increases
+ Tenant pays all usual outgoings
+ Prime 1,040 sqm corner site accommodating a brand new multiple storey 706 sqm purpose built child care facility licensed for 80 LDC places
+ Prominent corner position directly opposite Mount Martha’s retail precinct and metres from esplanade and foreshore
+ Constructed by industry leading builder – LLOYD
+ Mount Martha: popular bayside suburb only 48 km from the Melbourne CBD
+ 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
+ Significant depreciation benefits
+ Net Income: $306,305 pa + GST and outgoings

For Sale by Investment Portfolio Auction
11AM (AEDT) Wednesday 24 February 2021

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Property ID: 503740758Last Updated: 21 Apr 2021

Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
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