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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.
405 Anakie Road, Lovely Banks is For Sale by Expressions of Interest Closing closing Wednesday 23 August at 2pm
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Mark Stafford - 0404 401 053

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Price: EOI Closing Wednesday 23 August at 2pm    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 $252
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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