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359-361 Chesterville Road
Bentleigh East VIC 3165
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Sold on 10 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

Savills Melbourne
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Date Sold10 May 2018
Floor Area748 m²
Land Area1,184 m²
ParkingOn site parking available
Property ID2014195904
Category
Last updated  16 Jun 2021
Map for 359-361 Chesterville Road Bentleigh East VIC 3165

Nearest transport* to 359-361 Chesterville Road Bentleigh East VIC 3165

Bus
Train
Highview Rd/Chesterville Rd (Bentleigh East)229 m
Highview Rd/Chesterville Rd (Bentleigh East)261 m
Enniss Ave/Highview Rd (Bentleigh East)273 m
Enniss Ave/Highview Rd (Bentleigh East)295 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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Savills Melbourne
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Date Sold10 May 2018
Floor Area748 m²
Land Area1,184 m²
ParkingOn site parking available
Property ID2014195904
Category
Last updated  16 Jun 2021

Co-Agents

Julian Heatherich
Julian Heatherich
Savills Melbourne
Call
0412 995 655
Benson Zhou
Benson Zhou
Savills Melbourne
Call
0458 488 888

More about 359-361 Chesterville Road Bentleigh East VIC 3165

359-361 Chesterville Road Bentleigh East VIC 3165 is categorized as Medical & Consulting Property. It has a floor area of 748 m² and a land area of 1,184 m². The listing ID for this property is 2014195904.

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