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405 Anakie Road
North Geelong VIC 3215
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Sold on 2 Oct 2017

405 Anakie Road North Geelong VIC 3215

  • Medical / Consulting
  • 845 m²
  • Sold

Outstanding Child Care Investment

  • Long term lease
  • Strategic high growth location
  • Prime, high yield investment

Savills is delighted to offer for sale 405 Anakie Road, Lovely Banks. This brand new purpose built child care centre represents an unprecedented opportunity to secure a premium investment in one of Victoria's high growth suburbs.

Key attributes of this outstanding development site include:

- New 14 + 5 + 5 + 5 + 5 year lease anticipated to commence on 1 January 2018
- Current net rental of $334,750 with annual built in rental growth
- A modern, purpose built centre with approval for 130 places
- Substantial landholding of 4,157sq m* occupying a prominent corner location with two street frontages
- Large building area of 845sq m* with 34 onsite car spaces
- Key growth suburb with strong demographics
- Significant income tax depreciation benefits
- Tenant to pay all usual outgoings
- Blue-chip asset set for future capital appreciation
- Perfect opportunity to invest in Australia's booming child care market

The opportunity to secure such a high quality centre, securely leased to a long standing operator and located within the high growth suburb of Lovely Banks is extremely rare, and as such we strongly recommend this investment opportunity.

Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888

Property Highlights

Date Sold2 Oct 2017
Floor Area845 m²
Land Area4,157 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2013743696
Category
Last updated  16 Jun 2021
Map for 405 Anakie Road North Geelong VIC 3215

Property Highlights

Date Sold2 Oct 2017
Floor Area845 m²
Land Area4,157 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2013743696
Category
Last updated  16 Jun 2021
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000

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