BRAND NEW 20 YEAR LEASE

CBRE Victorian Health, Aged & Child Care are delighted to present for sale of 188 Tucker Road Bentleigh.  A purpose built child care centre and premium investment opportunity in one of Melbourne's key future growth suburbs, with strong underlying land value growth and outstanding demographics.
 
Key attributes of this outstanding property include:

+ Leased to Buckets Early Learning Centre, with three premium Victorian locations

+ Tenant rated "Exceeding" in the national quality standard in child care services

+ Substantial passing income of $648,000pa* + GST

+ Significant depreciation benefits circa $1,000,000 in the first 5 years

+ Permit for 144 long day care places underpinned by a well exposed corner landholding of 1,310sqm*

+ Newly constructed building of 1,165sqm* with 870sqm* basement car parking for 28 cars

+ Within close proximity to three prominent Primary Schools, a top 10 Victorian State School and Our Lady of the Sacred Heart College, all acting as feeders for child care

+ Located in the heart of one of Melbourne’s largest, inner metropolitan, affluent family growth corridors

FOR MORE INFORMATION PLEASE CONTACT THE EXCLUSIVE SALES AND MARKETING AGENTS:

JOSH TWELFTREE
+61 452 524 985 josh.twelftree@cbre.com.au

SANDRO PELUSO
+61 418 389 757 sandro.peluso@cbre.com.au

JIMMY TAT 毕家辉
+61 439 399 118 jimmy.tat@cbre.com.au

*approx

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