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Sold on 7 Dec 2016

44 Parkhill Drive Berwick VIC 3806

  • Medical / Consulting
  • 2,874 m²
  • Sold

Exceptional Childcare Investment

Secure 10 year lease to G8 Education to 2024.
Three generous 10 year options to 2054.
G8 Education Ltd: largest ASX listed child care provider with over 450 centres nationally.
Annual rent reviews plus market reviews every five years.
Current rental significantly below market with substantial uplift expected at market review in July 2019.
Tenant pays all usual outgoings including land tax.
Immaculate 701 sqm facility, licensed for 120 places.
Large 2,874 sqm corner site with combined street frontage of over 115m.
Strategic location metres from both the Monash Freeway and the Princes Highway and 1.5km from Westfield Fountain Gate.
Net income: $186,203 pa.

Property Highlights

Property ID2013197903
Date Sold7 Dec 2016
Floor AreaAsk Agent
Land Area2,874 m²
ParkingAsk Agent
Category
Last updated  18 May 2017
Map for 44 Parkhill Drive Berwick VIC 3806
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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