Skip to main content
SearchBack to results

282-288 Geelong Road West Footscray VIC 3012

  • Other
  • 2,228 m²
  • For Sale, Contact Agent

BRAND NEW EDUCATION INVESTMENT WITH 20 YEAR LEASE

  • MULTI-LEVEL STATE OF THE ART FACILITY
  • CORNER LANDHOLDING OF 1,330SQM
  • SIGNIFICANT DEPRECIATION BENEFITS

The CBRE Australian Healthcare and Social Infrastructure team are pleased to offer for sale a city fringe education Investment on a substantial corner landholding of 1,330sqm*

Features of the property include;

+ Substantial corner land holding of 1,330sqm* zoned General Residential with frontage of 125m*

+ Brand new multi-level state of the art facility with building area of 2,228sqm* including basement car park for 25 cars

+ Surrounded by established and rapidly growing residential and a short walk to Victoria Street, Seddon and Barkley Street retail precinct

+ West Footscray Train Station 550m* away providing quick access to Melbournes CBD only 6km*

+ Leased with options till 2045 to Australians leading early education operator with 20+ years experience and 15 centres

+ Passing income of $675,000pa*with fixed 3% annual increases plus 6 month Bank Guarantee

+ Only 2km* to the renowned Victoria University, 3.4km* to popular Highpoint Shopping Centre and 2.8km* to the iconic Flemington Racecourse

Round 2 - Closing this Friday

Virtual site inspections are available, Please direct any enquiries to the sale and leasing agents below.

Josh Twelftree
+61 452 524 985

Sandro Peluso
+61 418 389 757

Jimmy Tat
+61 439 399 118

Marcello Caspani-Muto
+61 417 065 777

*approx

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2016223248
Floor Area2,228 m²
Land Area1,330 m²
Parking25 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  9 Jun 2020
Map for 282-288 Geelong Road West Footscray VIC 3012
Map for 282-288 Geelong Road West Footscray VIC 3012282-288 Geelong Road West Footscray VIC 3012
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

More Other for Sale in West Footscray VIC

1 Warde Street Footscray VIC 3011
Expressions of Interest
1 warde street,footscray, VIC 3011
2,170 m²
Other
3/2D Parker Street Footscray VIC 3011
For SaleContact Agent
3/2d parker street,footscray, VIC 3011
129 m²
Other
5 - 7  Geelong Road Footscray VIC 3011
For Sale$3,900,000 (excl. GST)
5 - 7 geelong road,footscray, VIC 3011
1,250 m²
Other

Inspections are still happening

Contact Agent