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271 Thompsons Road
Templestowe Lower VIC 3107
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Sold on 16 Sep 2022

271 Thompsons Road Templestowe Lower VIC 3107

  • Medical / Consulting
  • 1 m²
  • Sold

Set-and-Forget Childcare Investment | New 12+10+10+10 Year Net Lease to 2064

Burgess Rawson is pleased to offer to the market, 271 Thompsons Road, Templestowe Lower for sale via our Auction Investment Portfolio 155.

This investment has the following key investment highlights:

+ New 12 year net lease to Journey Early Learning to 2034.
+ Three further 10 year options to 2064.
+ Journey Early Learning: leading early education provider, with a network of 37 centres across the eastern seaboard.
+ Attractive 3.25% annual rent increases.
+ Strong trading business with 100% occupancy & long wait-list.
+ Tenant pays all usual outgoings.
+ Extensively refurbished childcare centre with significant depreciation and licensed for 45 LDC places.
+ Prominent corner road site with frontages to Sunhill Road and Thompsons Road, situated within a significant schooling precinct with six primary and secondary schools within a 1.5-kilometre radius.
+ Conveniently located metres from the ALDI and Woolworths-anchored Macedon Square, and within close proximity from Westfield Doncaster, underpinned by major retailers ALDI, Coles, Woolworths and over 350 specialty retailers.
+ Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
+ Net Income: $172,825 pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 14 September 2022
Crown Casino - River Room

Please contact the exclusively appointed Burgess Rawson team for more information.

Burgess Rawson:
Natalie Couper: 0413 856 983
Adam Thomas: 0418 998 971
Sam Mercuri: 0413 830 709

Conjunctional Agent:
David Knuppel
0412 393 829
childcarebrokers@bigpond.com.au

*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).

AUCTION

Auction date and time14/09/2022 10:30
Auction locationCrown Casino - River Room - Melbourne
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold16 Sep 2022
Floor Area1 m²
Land Area861 m²
ParkingAsk Agent
Property ID2018008749
Category
Last updated  19 Sep 2022
Map for 271 Thompsons Road Templestowe Lower VIC 3107

Nearest transport* to 271 Thompsons Road Templestowe Lower VIC 3107

Bus
Train
Tram
Ferry
Sunhill Rd/Thompsons Rd (Templestowe Lower)45 m
Sunhill Rd/Thompsons Rd (Templestowe Lower)50 m
Pathway Baptist Church/Thompsons Rd (Templestowe Lower)157 m
Hodgson St/Thompsons Rd (Templestowe Lower)199 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold16 Sep 2022
Floor Area1 m²
Land Area861 m²
ParkingAsk Agent
Property ID2018008749
Category
Last updated  19 Sep 2022

Co-Agents

Natalie Couper
Natalie Couper
Burgess Rawson VIC Pty Ltd
Call
0413 856 983
Adam Thomas
Adam Thomas
Burgess Rawson Queensland
Call
0418 998 971
Sam Mercuri
Sam Mercuri
Burgess Rawson VIC Pty Ltd
Call
0413 830 709

More about 271 Thompsons Road Templestowe Lower VIC 3107

271 Thompsons Road Templestowe Lower VIC 3107 is categorized as Medical & Consulting Property. It has a floor area of 1 m² and a land area of 861 m². The listing ID for this property is 2018008749.

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