Securely leased Nido Early School Childcare Centre www.nido.com.au on Highway #1, within the catchment of Monash University and Medical Centre.
Prominent Location: Situated at the corner of Kennaugh Street
Modern & versatile: 2401m2 gba, forming part of the Home Ideas Centre. Single level concrete panel showroom warehouse with ample on site at grade parking.
Long term Lease: 10 years from 01.07/2014, currently returning $192,000 true net per annum with annual escalations and three further terms each of 10 years.
Potential whichever way you view this offering:
a) Existing use- the current rent annual equates to $960/child, when compared to $2,200/child throughout the industry.
b) Alternate use- showroom & distribution centre with ample on site A grade parking.
For Sale by Expression of interest closing August 2 at 4:00 p.m
Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations
Simon Regan : 0412 059 900