Skip to main content
1028 Wellington Road
Rowville VIC 3178
SearchBack to results
Sold on 12 Aug 2019

1028 Wellington Road Rowville VIC 3178

  • Shop & Retail
  • 3,195 m²
  • Sold

Impressive New High Occupancy Metro Childcare Investment

New 15 year lease to 2033 plus options to 2048
Annual 3% rental increases, ensuring strong rental growth
Tenant pays all outgoings including land tax
Operated and managed by ASX Listed G8 Education 500+ child care centres nationally and with a market cap of $1.47 billion
Stunning 831 sqm purpose-built childcare facility lic for 124 places
Substantial 3,195 sqm main road land holding with 27 at grade car spaces
New construction offering substantial tax saving depreciation benefits
High exposure position with 31,000+ vehicles passing daily and situated only 600 metres from St Simon Primary School
Rowville: popular residential location only 25km south east from the Melbourne CBD and with a medium house price of $835,000
Net Income: $402,318 pa + GST and outgoings

Private Treaty

Property Highlights

Date Sold12 Aug 2019
Floor AreaAsk Agent
Land Area3,195 m²
ParkingAsk Agent
Property ID2014995496
Category
Last updated  13 Aug 2019
Map for 1028 Wellington Road Rowville VIC 3178

Property Highlights

Date Sold12 Aug 2019
Floor AreaAsk Agent
Land Area3,195 m²
ParkingAsk Agent
Property ID2014995496
Category
Last updated  13 Aug 2019
Level 20, 150 Lonsdale Street Melbourne VIC 3000

More Shop & Retail for Sale in Rowville VIC

Sold
197-199 murrindal drive,rowville, VIC 3178
370 m²
Shop & Retail
Sold
93-95 murrindal drive,rowville, VIC 3178
1,465 m²
Shop & Retail
Sold$1,100,000
2/12 hi-tech place,rowville, VIC 3178
300 m²
Shop & Retail