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23-25 O’Neills Road
Melton VIC 3337
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Sold on 1 Feb 2021

23-25 O’Neills Road Melton VIC 3337

  • Medical / Consulting
  • 483 m²
  • Sold

Melton Childcare Investment - Part of the Early Education Portfolio

  • Places: 88
  • Income: $304,832pa*
  • Lease: 20+10+10+10 years

Savills, Burgess Rawson and CBRE and are delighted to present a premium portfolio of 21 Early Education investments located within select, high-growth corridors in Melbourne and Perth.

The Melton investment at 23-25 O'Neills Road presents an outstanding opportunity with the following key attributes:
- Childcare centre of 88 places
- 20+10+10+10 year lease
- Operated by Story House Early Learning
- Commencing net income of $304,832pa*
- Annual fixed rental increases of 3%
- New construction with significant depreciation benefits
- Strategically located near several primary and secondary schools including Melton Primary and St Dominic's Primary
- Melton has a local population which comprises 82% of families^

*Approximate. ^2016 Census Quick Facts, Melton (Vic)

SOLD

For further information on this opportunity or the whole portfolio of premium assets, please contact the exclusive selling agents.

Property Highlights

Date Sold1 Feb 2021
Floor Area483 m²
Land Area1,749 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017135952
Category
Last updated  27 Jan 2022
Map for 23-25 O’Neills Road Melton VIC 3337

Property Highlights

Date Sold1 Feb 2021
Floor Area483 m²
Land Area1,749 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017135952
Category
Last updated  27 Jan 2022

Co-Agents

Julian Heatherich
Julian Heatherich
Savills Melbourne
Call
0412 995 655
Jimmy Tat
CBRE
Call
0439 399 118

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