255-257 Tucker Road, Ormond, VIC 3204

Medical | Development/Land | Offices

For Sale Contact Agent

  • Property ID: 394433
  • Floor Area: 618m²
  • Land Area: 1432m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
ORMOND CHILDCARE INVESTMENT - PART OF THE EARLY EDUCATION PORTFOLIO

CBRE, Savills and Burgess Rawson are delighted to present a premium portfolio of 21 Early Education investments located within select, high-growth corridors in Melbourne and Perth.
The Ormond investment at 255-257 Tucker Road presents an outstanding opportunity with the following key attributes:
• Childcare centre of 84 places
• 20+10+10 year lease
• Operated by Think Childcare
• Passing rental income of $378,000pa*
• Annual rental increases of 3 – 4% (min/max based on CPI + 0.75%)
• Strategically located near several primary and secondary schools including McKinnon Primary adjacent
• Ormond has a local population which comprises 50% of families^
• Significant Depreciation Benefits
*Approximate. ^2016 Census Quick Facts, Ormond (Vic)
UNDER CONTRACT
For further information on this opportunity or the whole portfolio of premium assets, please contact the exclusive selling agents.

Ormond Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $1029 ---
Retail --- $444 ---
Offices --- $444 ---
This is the average advertised price, rent and yield for Ormond, VIC 3204*
* 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.

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™.
  • 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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