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282-288 Geelong Road
West Footscray VIC 3012
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Sold on 9 Jul 2020

282-288 Geelong Road West Footscray VIC 3012

  • Other
  • 2,228 m²
  • Sold

BRAND NEW EDUCATION INVESTMENT WITH 20 YEAR LEASE

    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 Melbourne's 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

    Property Highlights

    Date Sold9 Jul 2020
    Floor Area2,228 m²
    Land Area1,330 m²
    Parking25 x Onsite parkings
    Building TypePartial building
    Property ID2017232083
    Category
    Last updated  3 Sep 2021
    Map for 282-288 Geelong Road West Footscray VIC 3012

    Property Highlights

    Date Sold9 Jul 2020
    Floor Area2,228 m²
    Land Area1,330 m²
    Parking25 x Onsite parkings
    Building TypePartial building
    Property ID2017232083
    Category
    Last updated  3 Sep 2021
    Level 34, 8 Exhibition Street Melbourne VIC 3000

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