Amiga Montessori, 117-121 Edwardes Street,
Reservoir, VIC 3073

Medical & Consulting • Shops & Retail • Other

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of Amiga Montessori, 117-121 Edwardes Street

Directions

Melbourne Metro Childcare Investment

15 Year Lease with options to 2051
Fixed 3% annual rent increases
3,550 sqm site earmarked for re-zone

Secure 15 year lease to Amiga Montessori to 2031 plus two generous 10 year options.
Substantial 3,550 sqm site designated “High Priority Rezone” to either Residential or Mixed Use.
Impressive 1,806 sqm child care facility, licensed for 136 places.
Amiga Montessori: highly experienced and successful early education provider with 16 centres across Melbourne and Adelaide.
Fixed 3% annual rent increases plus market reviews.
Strategic location 600 metres from Reservoir Major Activity Centre and Train Station.
Reservoir: established and rapidly evolving inner metropolitan location only 11km north from the Melbourne CBD.
Substantial taxation saving depreciation benefits.
Net Income: $408,775 pa + GST and Outgoings.

For Sale by Expressions of Interest
Closing 4pm AEST Wednesday 16 May 2018

Reservoir, 3073 demographic data

The median household income for Reservoir is $1,541, 19% lower than Greater Melbourne's household income of $1,901. Reservoir has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 47% of property owners in Reservoir have a mortgage.

51,096

Population

$1,541 per week

Median household income

38 years

Median age

Owners

Most residents

Families

Most households