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Sold on 15 May 2018

359-361 Chesterville Road Bentleigh East VIC 3165

  • Medical / Consulting
  • 748 m²
  • Sold

Perfectly Positioned Bentleigh East Child Care Investment

  • Premium national operator
  • 20 year lease + options
  • Premium Bayside location

Savills is delighted to offer for sale 359-361 Chesterville Road, Bentleigh East. This centre represents the opportunity to secure state-of-the-art child care centre in a premier bayside location.

The centre is underpinned by a brand new long term lease owned and operated by one of Australia's best child care groups, ASX listed 'Think Child Care Ltd'.

The key attributes of the property include:

First class child care investment adjoining Bentleigh Secondary College
Secure 20 year lease with two further 10 year options
Modern purpose-built centre of 82 places, with development approval to expand to 110 places
Net rental of $328,000 pa* (tenant pays all usual outgoings including land tax)
Total building area of 748sq m* (including basement)
A significant landholding of 1,184sq m* ideally located in Melbourne's highly sought after bayside region
Surrounded by numerous premium education facilities including Bentleigh Secondary College, McKinnon Secondary College and four Primary Schools with 1.2kms*

The opportunity to secure such a high quality investment, securely leased to a high quality operator, and located within Melbourne's premium south-eastern suburbs is extremely rare, and as such we strongly recommend this investment opportunity.

359-361 Chesterville Road, Bentleigh East is For Sale by Boardroom Auction on Friday 11 May at 11am.

For further information, please contact:

Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888

*Approx

Julian Heatherich
Savills Melbourne
Julian Heatherich
Savills Melbourne
Mark Stafford
Savills Melbourne
Mark Stafford
Savills Melbourne
Benson Zhou
Savills Melbourne
Benson Zhou
Savills Melbourne

Property Highlights

Property ID2014195904
Date Sold15 May 2018
Floor Area748 m²
Land Area1,184 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  16 Jun 2021
Map for 359-361 Chesterville Road Bentleigh East VIC 3165
Map for 359-361 Chesterville Road Bentleigh East VIC 3165359-361 Chesterville Road Bentleigh East VIC 3165
Julian Heatherich
Savills Melbourne
Julian Heatherich
Savills Melbourne
Mark Stafford
Savills Melbourne
Mark Stafford
Savills Melbourne
Benson Zhou
Savills Melbourne
Benson Zhou
Savills Melbourne

Property Highlights

Property ID2014195904
Date Sold15 May 2018
Floor Area748 m²
Land Area1,184 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  16 Jun 2021
Savills Melbourne
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000
Julian Heatherich
Savills Melbourne
Julian Heatherich
Savills Melbourne
Mark Stafford
Savills Melbourne
Mark Stafford
Savills Melbourne
Benson Zhou
Savills Melbourne
Benson Zhou
Savills Melbourne
Julian Heatherich

Julian Heatherich

Savills Melbourne

Mark Stafford

Mark Stafford

Savills Melbourne

Benson Zhou

Benson Zhou

Savills Melbourne

0412 *** ***
0412 995 655

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