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189-195 Torquay Road Grovedale VIC 3216

  • Retail
  • 1 m²
  • Commercial Auction

Established & Affordable Childcare Investment

+ 10 + 5 + 5 year net lease to 2038
+ Fixed 3% annual rent increases
+ Tenant pays all usual outgoings including management fees
+ Modern purpose-built child care facility licensed for 95 LDC places
+ Huge 3,023 sqm main road site metres from ALDI and only 7km south from the Geelong CBD
+ Greater Geelong: current resident population of 251,540 with forecast growth of 29% to 325,779 by 2036 (source: profile.id)
+ Net Income: $162,445 pa + GST and Outgoings (as at September 2019)

For Sale by Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

AUCTION

Auction date and time18/09/2019 11:00
Auction location189-195 Torquay Road, Grovedale VIC

Property Highlights

Property ID2015530342
Floor Area1 m²
Land Area3,023 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  30 Aug 2019
Map for 189-195 Torquay Road Grovedale VIC 3216
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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