4 Watson Road,
Mount Martha, VIC 3934
Shops & Retail • Medical & Consulting • Other
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
4 Watson Road
Mount Martha, VIC 3934
Map of 4 Watson Road
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
+ 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
Explore property virtually
Video
Mount Martha, 3934 demographic data
The median household income for Mount Martha is $2,097, 10% higher than Greater Melbourne's household income of $1,901. Mount Martha has an older age profile compared to the rest of Greater Melbourne (median age 46 vs 37). Property ownership data shows 48% of property owners in Mount Martha have a mortgage.
19,846
Population
$2,097 per week
Median household income
46 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from CBRE - VIC
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
ANZ 100 Main Street,Mornington, VIC 3931 412 m²Shops & Retail • Offices • Development Sites & Land
Contact Agent
Autobarn, 903 Nepean Highway,Mornington, VIC 3931 726 m²Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Contact Agent
Cafe Thirteen83, 13/83 Watt Road,Mornington, VIC 3931 179 m²Shops & Retail • Warehouse, Factory & Industrial