187 (Lot 5) Canterbury Road, Bayswater North, VIC 3153

Investment | Retail | Showrooms

For Sale Contact Agent

Expressions Of Interest

  • Property ID: 322236
  • Floor Area: 738m²
  • Land Area: 2157m²
  • NBN Availability: Not Currently Available
  • Cafes: 20+ nearby
20 Year Lease - Brand New Childcare & Education Investment !

Brand new childcare centre, featuring a 20 year lease plus options to an established child care operator in a prime location on Canterbury Road Bayswater North; 30 km* east of Melbourne's CBD.

This prominent site on the corner of Market Drive is within close proximity to Dorset Road and positioned at the gateway entrance to a new commercial / industrial business estate.

Located in a sought after precinct with major traders Officeworks, Petbarn, Supercheap Auto, The Good Guys, Spotlight, Beacon Lighting and Bunnings Hardware.

- Long Term Lease: 20 + 10 + 10 Years
- Commencing rental of $355,000 per annum plus GST
- Leased to established national childcare operator; trading as 'Nido Early School' part of 'Think Childcare & Education Ltd'. They operate 55 long day care centres, with over 500 educators delivering care to 1000's of children.
- Approved for 99 childcare places
- Generous outdoor play areas, landscaping and car parking for 21 vehicles
- Tax depreciation allowances
- Estimated 42,000* vehicles passing daily

*Approx
Pricing excludes GST.

Additional Information
Features
  • Zoning: Industrial 1
  • Lease Term: Twenty (20) + Ten (10) + Ten (10)
  • Rent Review: Annual CPI, Market 10th anniversary
  • Car Spaces: 21 on site
Bayswater North Suburb Profile

Below you will find the average advertised sale price, rent and yield for Bayswater North, VIC 3153*

Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $118 ---
Retail --- $216 ---
Industrial $1197 $117 9.77%
Documents
Agency Details

CVA Property Consultants

18-20 Russell Street, Melbourne, VIC 3000

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 187 (Lot 5) Canterbury Road, Bayswater North, VIC 3153. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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