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The Y Early Learning 55S Ramlegh Boulevard
Clyde North VIC 3978
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Sold on 8 Oct 2021

The Y Early Learning 55S Ramlegh Boulevard Clyde North VIC 3978

  • Shop & Retail
  • 814 m²
  • Sold

The Y Early Learning Centre Clyde North (Property For Sale - Business As Usual)

  • Brand New 15-Year Net Lease
  • Strong Covenant Security to The Y
  • New Build with Massive Depreciation

Stonebridge Property Group is pleased to present for sale The Y Early Learning Centre - 55S Ramlegh Boulevard, Clyde North.

- Newly developed 814 sqm* Early Learning Childcare Centre leased to The Y for 104 places

- Secured by a highly sought-after net lease on a 15-year initial term

- High quality construction completed in 2018 providing massive depreciation benefits

- Located in the major growth corridor being part of the City of Casey, expected to experience 157% growth in the population over the next 20 years

- Prime 2,002 sqm* landholding part of the Ramlegh Springs Development which has over 5,000 lots planned to be developed in the surrounding catchment

- At-grade car parking for 63 cars spaces (shared with the adjoining Kingswim School)

- Base rent of $300,000* per annum with fixed 2.5% increases per annum

*Approximately

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:

Rorey James
0439 400 081

Kevin Tong
0422 848 818

Justin Dowers
0438 098 805

Property Code: 283

Property Highlights

Date Sold8 Oct 2021
Floor Area814 m²
Land Area2,002 m²
ParkingAsk Agent
Property ID2017234164
Category
Last updated  1 Dec 2021
Map for The Y Early Learning 55S Ramlegh Boulevard Clyde North VIC 3978

Property Highlights

Date Sold8 Oct 2021
Floor Area814 m²
Land Area2,002 m²
ParkingAsk Agent
Property ID2017234164
Category
Last updated  1 Dec 2021
Level 19, 627 Chapel Street South Yarra VIC 3141

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