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502-504 Middleborough Road
Blackburn VIC 3130
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Sold on 6 Dec 2017

502-504 Middleborough Road Blackburn VIC 3130

  • Medical / Consulting
  • 671 m²
  • Sold

OUTSTANDING CHILDCARE INVESTMENT LEASED TO PUBLICLY LISTED TENANT

    CBRE Victorian Health, Aged and Child Care are pleased to present to the market for sale 502-504 Middleborough Road, Blackburn, to be sold via CBRE Premium Property Portfolio Auction on Wednesday 6th December 2017 from 11am.

    We highlight some key features below:

    - Outstanding childcare investment leased to publicly listed G8 Education licensed for 110 places plus 21 car spaces

    - Brand new 10 + 10 year lease to 2038

    - Income of $427,500 + GST

    - Modern purpose built centre offering attractive depreciation benefits

    - Substantial land holding of 2,007sqm* with General Residential zoning

    - Located in Melbourne's famed 'Eastern Corridor' metres from Kerrimuir shops (100m*), Springfield Park (500m*), buses (130m*) and North Blackburn Shopping Centre (1km*)

    *Approx

    Scott Orchard
    +61 425 760 712

    Josh Twelftree
    +61 452 524 985

    Sandro Peluso
    +61 418 389 757

    Kinson Wong
    +61 450 712 341

    Property Highlights

    Date Sold6 Dec 2017
    Floor Area671 m²
    Land Area2,007 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017231506
    Category
    Last updated  3 Sep 2021
    Map for 502-504 Middleborough Road Blackburn VIC 3130

    Property Highlights

    Date Sold6 Dec 2017
    Floor Area671 m²
    Land Area2,007 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017231506
    Category
    Last updated  3 Sep 2021
    Level 34, 8 Exhibition Street Melbourne VIC 3000

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