CBRE is delighted to offer for sale 101-103 Manchester Road, Mooroolbark. A purpose built child care centre and premium investment opportunity in one of Melbourne's key future growth suburbs. With strong underlying land value growth and outstanding demographics.
+ New 10 year lease with options to 2048
+ Leased to Mooroolbark Child Care Centre, nationally recognised operator
+ Architecturally designed, purpose built child care centre and outdoor play area with a permit for 104 places
+ Irreplaceable multi-frontage land holding of 2,045sqm* with dominant exposure to the corner of Manchester Road & Kalimna Street
+ Substantial building area of 773sqm* with 27 on grade car spaces
+ Returning $333,320pa* + outgoings + GST complimented by annual rental increases providing exciting income growth prospects
EXPRESSIONS OF INTEREST NOW CLOSED
FOR MORE INFORMATION PLEASE CONTACT THE EXCLUSIVE SALES AND MARKETING AGENTS:
Jimmy Tat
+61 439 399 118
Josh Twelftree
+61 452 524 985
Sandro Peluso
+61 418 389 757
*approx