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Medical For Sale found in GEELONG, VIC 3220

Properties located in the surrounding suburbs

OUTSTANDING CHILD CARE INVESTMENT

Investment | Medical | Retail

Savills is delighted to offer for sale 405 Anakie Road, Lovely Banks. This brand new purpose built child care centre represents an unprecedented opportunity to secure a premium investment in one of Victoria’s high growth suburbs.
Key attributes of this outstanding development site include:
- New 14 + 5 + 5 + 5 + 5 year lease anticipated to commence on 1 January 2018
- Current net rental of $334,750 with annual built in rental growth
- A modern, purpose built centre with approval for 130 places
- Substantial landholding of 4,157sq m* occupying a prominent corner location with two street frontages
- Large building area of 845sq m* with 34 onsite car spaces
- Key growth suburb with strong demographics
- Significant income tax depreciation benefits
- Tenant to pay all usual outgoings
- Blue-chip asset set for future capital appreciation
- Perfect opportunity to invest in Australia’s booming child care market
The opportunity to secure such a high quality centre, securely leased to a long standing operator and located within the high growth suburb of Lovely Banks is extremely rare, and as such we strongly recommend this
investment opportunity. Julian Heatherich - 0412 995 655 Benson Zhou - 0458 488 888 Mark Stafford - 0404 401 053

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Price: Immediate Private Sale    Building: 845m²    Land: 4200m²    Occupancy: Tenanted

SUBURB PRICE GUIDE

Suburb Summary - Geelong, VIC 3220

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $247
Retail $1385
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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