101-103 Manchester Road Mooroolbark VIC 3138

Medical / Consulting
773 m²
Sold

FREESTANDING INVESTMENT OPPORTUNITY IN HIGH GROWTH LOCATION

CBRE is delighted to offer for sale 101-103 Manchester Road, Mooroolbark. A purpose built child care centre and premium investment opportunity in one of Melbourne's key future growth suburbs. With strong underlying land value growth and outstanding demographics.

+ New 10 year lease with options to 2048

+ Leased to Mooroolbark Child Care Centre, nationally recognised operator

+ Architecturally designed, purpose built child care centre and outdoor play area with a permit for 104 places

+ Irreplaceable multi-frontage land holding of 2,045sqm* with dominant exposure to the corner of Manchester Road & Kalimna Street

+ Substantial building area of 773sqm* with 27 on grade car spaces

+ Returning $333,320pa* + outgoings + GST complimented by annual rental increases providing exciting income growth prospects

EXPRESSIONS OF INTEREST NOW CLOSED

FOR MORE INFORMATION PLEASE CONTACT THE EXCLUSIVE SALES AND MARKETING AGENTS:

Jimmy Tat
+61 439 399 118

Josh Twelftree
+61 452 524 985

Sandro Peluso
+61 418 389 757

*approx

Property Highlights

Date Sold	4 Dec 2018
Floor Area	773 m²
Land Area	2,045 m²
Parking	On site parking available
Building Type	Partial building
Property ID	2017231800
Category	Medical / Consulting
Last updated	3 Sep 2021

Map for 101-103 Manchester Road Mooroolbark VIC 3138

Property Highlights

Date Sold	4 Dec 2018
Floor Area	773 m²
Land Area	2,045 m²
Parking	On site parking available
Building Type	Partial building
Property ID	2017231800
Category	Medical / Consulting
Last updated	3 Sep 2021