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Sold on 8 Dec 2020

1 Sparks Avenue Burwood VIC 3125

  • Medical / Consulting
  • 590 m²
  • Sold

Bespoke Freehold Investment with First Class Tenant

  • State-of-the-art Child Care Centre
  • Brand New 14 Year Lease
  • One of Victoria’s Best Operators

Savills is delighted to offer for sale this brand new child care blue-chip investment located at 1 Sparks Avenue, Burwood. This state-of-the-art centre has a long term lease to one of Victoria's best child care operators.

The key attributes of this outstanding asset include:

Absolute premium 73 place child care centre
High-end 590sq m* facility
Blue-chip 1,433sq m* landholding
Brand New 14 year lease with 3 x 10 year options
Commencing net rental of $383,250 per annum + GST
Fixed annual rental increases of 3%
Leased to one of Victoria's best child care providers, AMIGA Montessori, with 15 locations across Melbourne and Adelaide
New building providing significant depreciation potential
High exposure corner location with direct proximity to 10 primary and secondary schools

This is a rare opportunity to secure an absolute blue-chip investment with a long term lease to an industry leading tenant.

Julian Heatherich 0412 995 655
Benson Zhou 0458 488 888

*Approx.

Julian Heatherich
Savills Melbourne
Julian Heatherich
Savills Melbourne
Benson Zhou
Savills Melbourne
Benson Zhou
Savills Melbourne
Mark Stafford
Savills Melbourne
Mark Stafford
Savills Melbourne

Property Highlights

Property ID2016600510
Date Sold8 Dec 2020
Floor Area590 m²
Land Area1,433 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  15 Jun 2021
Map for 1 Sparks Avenue Burwood VIC 3125
Map for 1 Sparks Avenue Burwood VIC 31251 Sparks Avenue Burwood VIC 3125
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Julian Heatherich
Savills Melbourne
Julian Heatherich
Savills Melbourne
Benson Zhou
Savills Melbourne
Benson Zhou
Savills Melbourne
Mark Stafford
Savills Melbourne
Mark Stafford
Savills Melbourne

Property Highlights

Property ID2016600510
Date Sold8 Dec 2020
Floor Area590 m²
Land Area1,433 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  15 Jun 2021
Savills Melbourne
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000
Julian Heatherich
Savills Melbourne
Julian Heatherich
Savills Melbourne
Benson Zhou
Savills Melbourne
Benson Zhou
Savills Melbourne
Mark Stafford
Savills Melbourne
Mark Stafford
Savills Melbourne

Ask Julian Heatherich about this property

Julian Heatherich

Julian Heatherich

Savills Melbourne

Benson Zhou

Benson Zhou

Savills Melbourne

Mark Stafford

Mark Stafford

Savills Melbourne

0412 *** ***
0412 995 655

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