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Savills Melbourne - MELBOURNE

59-65 Wood Street Preston, VIC 3072

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59-65 Wood Street,
Preston, VIC 3072

Medical & Consulting • Other

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Savills Melbourne - MELBOURNE
59-65 Wood Street
Preston, VIC 3072
Savills Melbourne - MELBOURNE
Mark Stafford
Glenn Ye
Jesse Radisich

Savills Melbourne - MELBOURNE

150 Collins Street
MELBOURNE, VIC 3000

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Affordable Child Care Centre Investment with Huge Upside

  • Secure 25 year lease
  • Operated by G8 Education Ltd
  • Licensed 100 place centre
Savills is delighted to offer for sale 59-65 Wood Street, Preston. This high quality child care centre represents an unprecedented opportunity to secure a premium investment with significant future upside.

The key attributes of the property include:
- A prominent child care centre investment
- Centre operated by ASX-listed G8 Education Ltd
- Secure 25 year lease to 2030 with fixed 4% annual rental growth (no options)
- Current Net Rental: $116,555pa* + Outgoings (including Land Tax) and GST
- Very conservative rental rate with huge future rental and value upside
- Prime triple fronted corner landholding of 1,663sq m*
- An outstanding Preston location neighbouring Northland Shopping Centre
- A plethora of primary schools in the immediate catchment including Preston North East Primary School, Preston Primary School and more

The opportunity to secure such an affordable, high quality centre, securely leased to an established operator, and located within an established inner northern suburb is extremely rare, and as such we strongly recommend this investment opportunity.

Mark Stafford - 0404 401 053
Jesse Radisich - 0402 085 702
Glenn Ye - 0476 938 888

*Approx

Property ID: 503186830Last Updated: 6 Aug 2019

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Savills Melbourne - MELBOURNE
Savills Melbourne - MELBOURNE
150 Collins Street
MELBOURNE, VIC 3000
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Mark Stafford

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Mark Stafford
Savills Melbourne - MELBOURNE
59-65 Wood Street Preston, VIC 3072

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

Kind Regards,

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