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688 Bellarine Highway, Leopold, Vic 3224

688 Bellarine Highway, Leopold, Vic 3224

Retail Medical/Consulting Other

  • Sold Contact Agent
  • Wed 18-Sep-19

Impressive Childcare Investment in High Growth Location

  • 15 year net lease + options to 2054
  • Fixed 4% annual rent increases
  • Prominent 2,392 sqm main road site

  • Land Area
  • 2392.00 m² (approx)
  • Floor Area
  • 776 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Apr 16, 2020

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street

Melbourne Vic 3000

Adam Thomas, Burgess Rawson - Melbourne
Adam Thomas
Natalie Couper, Burgess Rawson - Melbourne
Natalie Couper

Impressive Childcare Investment in High Growth Location

+ Sought-after 15 year net lease with 4 further 5 year options
+ Fixed 4% annual rent increases
+ Significant depreciation benefits
+ Leopold Early Learning: industry leading early education provider with 4 further centres
+ Impressive 776 sqm child care facility, licensed for 114 LDC places
+ Prominent 2,392 sqm main road site with favourable mixed use zoning
+ Located only 200 metres from Coles and K-mart - anchored shopping centre, 500 metres from Leopold Primary School and 7 km south east from the Geelong CBD
+ Net Income: $295,645 pa + GST and Outgoings

For Sale by Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

688 Bellarine Highway, Leopold, Vic 3224

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