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Burgess Rawson - Melbourne

QS Education, 1A/387-389 Springvale Road Springvale, VIC 3171

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QS Education, 1A/387-389 Springvale Road,
Springvale, VIC 3171

Offices • Shops & Retail • Medical & Consulting

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Burgess Rawson - Melbourne
Jordan Bell
Raoul Holderhead
Justin Kramersh

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
QS Education, 1A/387-389 Springvale Road
Springvale, VIC 3171

Map of QS Education, 1A/387-389 Springvale Road

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New 5 Year Lease to 2028 | Versatile Metro Office

  • Fixed 3% annual increases
  • Dual Income Streams
  • Tenant pays all usual outgoings
Burgess Rawson is pleased to offer to the market 1A/387-389 Springvale Road VIC for sale via our Investment Portfolio Auction 165.

+ New 5 year lease to 2028 to proven Educational provider.
+ QS Education: highly reputable educational provider operating out of nine locations across Melbourne and over 10+ years experience.
+ Landlord friendly Net lease structures, with tenants responsible for usual outgoings as per leases.
+ Fixed 3% annual rent increases, ensuring rental growth.
+ Impressive 498*sqm ground floor office with kitchens, amenities and more.
+ Prime frontage and exposure to Springvale Road with 26,000* vehicles passing daily.
+ Important 17 on title car spaces.
+ Surrounded by important social infrastructure including 24 schools, servicing a combined 20,133 full-time students, within a 3km radius. **
+ Offering includes long term tenant LabourForce on monthly lease (195sqm) - re-let or self occupy.
+ Situated amongst key national retailers such as Chemist Warehouse, Woolworths and BWS and immediately opposite Springvale Police Station.
+ Springvale: busy bustling established suburb some located 22km south-east of Melbourne CBD.
+ Net income: $123,732 pa* + GST.

To be sold by Investment Portfolio Auction: 
10:30am AEDT Wednesday 6 December 2023
Crown Casino, Melbourne VIC

*approx
** gap maps

Property ID: 504456316Last Updated: 7 Feb 2024

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