Where We Grow Early Tinks Road, Narre Warren, VIC 3805

Retail

Sold

  • Property ID: 440999
  • Floor Area: 2019m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 07/03/2024 2019m2 N/A Contact Agent
Strong Trading 2,019 sqm* Early Learning Centre Anchored by 15-year NET Lease

Stonebridge Property Group is pleased to present for sale Where We Grow Early Learning, 36 Tinks Road, Narre Warren VIC 3805

The key highlights of the opportunity include.

- 15-year NET lease to 2037 + options to 2067 with fixed 3% annual rent increases

- Tenant – ‘Where We Grow’ is an early learning specialist with three premium Melbourne sites

- Strategic childcare position - close to nearby schools including Fountain Gate Secondary College (800 m*) & Fountain Gate Primary School (450 m*)

- Net Lease Structure – tenant responsible for usual outgoings including Land Tax, Insurance, Council Rates and Management Fees

- Expansive 2,019 sqm* landholding, improved by 95 place childcare centre strategically designed to enhance engagement and learning

Where We Grow Early Learning, 36 Tinks Road, Narre Warren VIC 3805 is offered for sale via National Portfolio Auction to be held on Wednesday 6th March 2024 at 11 am (AEDT). To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Michael Collins
0404 023 204

Tom Moreland
0408 072 822

Kevin Tong ???
0422 848 818

Rorey James
0439 400 081

* Approximately

Property Code: 871

Narre Warren Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $133 ---
Offices $7620 $778 10.21%
Retail $5610 $350 6.24%
This is the average advertised price, rent and yield for Narre Warren, VIC 3805*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  Stonebridge Property Group

 

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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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