4 Rutherford Road Tecoma VIC 3160

Savills is delighted to offer for sale this incredible child care investment opportunity located at 4 Rutherford Road, Tecoma. This recently refurbished centre benefits from modern improvements and a favourable lease covenant to blue chip ASX listed tenant.

The key attributes of the outstanding investment opportunity include:
- Modern fully refurbished child care centre
- Leased to ASX listed operator - Mayfield Childcare Limited (21 centres state-wide)
- Brand new 10+10+10 year lease from May 2019
- Currently returning $273,000 per annum* + Outgoings & GST
- Fixed annual 3% rental increases
- Licensed for 78 places
- Substantial landholding of 2,779sq m*
- Located within an established residential neighbourhood
- Surrounded by a variety of further education facilities including Tecoma Primary, Upwey Primary School and Upwey High School

*Approx.

For Private Sale

Please contact Savills agents for more information:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888