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84-90 Quarters Boulevard Cranbourne West, VIC 3977

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84-90 Quarters Boulevard,
Cranbourne West, VIC 3977

Shops & Retail • Medical & Consulting • Other

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Premium South East Melbourne Child Care Investment

  • Brand New Child Care Investment
  • Long Lease to Quality Tenant
  • High Growth Location
Savills Melbourne is delighted to offer for sale this brand new child care centre located within Melbourne’s high growth south-eastern suburbs. The property is For Sale as part of a Portfolio of three brand new centres to be sold Individually or Together by Expressions of Interest closing Thursday 23 November at 2pm.

The property comprises a brand new, architecturally designed child care centre which is anticipated to be completed in late-2017. When completed, the modern purpose built centre will be finished to industry leading standards.

Key attributes include:

• A brand new purpose built child care centre
• Commencing Net rental of $344,500*
• Long term lease to premium child care operator
• Fixed 3% annual rental growth
• Significant potential depreciation benefits
• Highly strategic location being surrounded by significant ongoing residential development
• Underpinned by major landholding in super high growth location
• Secure investment class backed by $37 billion in government funding^

For Sale Individually or Together by Expressions of Interest closing Thursday 23 November at 2pm (if not sold prior).

For further information, please contact:

Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...

*Approx.
^Australian Government – Dept. of Education and Training

Cranbourne West, 3977 demographic data

The median household income for Cranbourne West is $1,856, 2% lower than Greater Melbourne's household income of $1,901. Cranbourne West has a younger age profile compared to the rest of Greater Melbourne (median age 32 vs 37). Property ownership data shows 81% of property owners in Cranbourne West have a mortgage.

19,969
Population
$1,856 per week
Median household income
32 years
Median age
Owners
Most residents
Families
Most households
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84-90 Quarters Boulevard
Cranbourne West, VIC 3977
Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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