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200 Smith Street
Thornbury VIC 3071
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Sold on 10 Sep 2015

200 Smith Street Thornbury VIC 3071

  • Development / Land
  • 1,190 m²
  • Sold

Prime Child Care Investment

Savills is delighted to offer for sale Smith Street Early Learning Centre, representing an ideal investment opportunity located at 200 Smith Street, Thornbury.

This fantastic centre is offered with a secure long-term lease to national operator, Guardian Early Learning Group.

The key attributes of the property include:

- Leased to Guardian Early Learning Group, a national operator with more than 90+ centres
- 10 year lease expiring 2022 with options
- Current Net Rental of $71,461 per annum* with huge upside at market review May-2016
- Modern centre licensed for 56 places with application pending for additional places
- Valuable land holding of 1,190sq m*
- Located in a significant residential catchment area
- Terms: 10% deposit, balance 30-60 days

The opportunity to secure a high quality centre, surrounded by a substantial and growing residential population is sure to be highly sought after, especially when you consider the pending permit and upcoming market rental review.

200 Smith Street, Thornbury is For Sale by Auction Thursday 10 September at 1pm on-site.

For further information please contact:

Julian Heatherich 0412 995 655
Tim McIntosh 0433 592 320

Property Highlights

Date Sold10 Sep 2015
Floor AreaAsk Agent
Land Area1,190 m²
ParkingAsk Agent
Property ID2012161357
Category
Last updated  25 Nov 2016
Map for 200 Smith Street Thornbury VIC 3071

Property Highlights

Date Sold10 Sep 2015
Floor AreaAsk Agent
Land Area1,190 m²
ParkingAsk Agent
Property ID2012161357
Category
Last updated  25 Nov 2016

Listed by

Julian Heatherich
Julian Heatherich
Savills Melbourne
Call
0412 995 655

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