5-7 Clarendon Street, Avondale Heights, VIC 3034

Medical | Development/Land | Other

For Sale Contact Agent

  • Property ID: 394434
  • Floor Area: 1056m²
  • Land Area: 1414m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
AVONDALE HEIGHTS 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 Avondale Heights investment at 5-7 Clarendon Street presents an outstanding opportunity with the following key attributes:
• Childcare centre of 102 places
• 20+10+10 year lease
• Operated by Think Childcare
• Passing rental income of $428,400pa*
• Annual rental increases of 3 – 4% (min/max based on CPI + 0.75%)
• Strategically located near several primary and secondary schools including Avondale Primary adjacent
• Avondale Heights has a local population which comprises 54% of families^
• Significant Depreciation Benefits
*Approximate. ^2016 Census Quick Facts, Avondale Heights (Vic)
UNDER CONTRACT
For further information on this opportunity or the whole portfolio of premium assets, please contact the exclusive selling agents.

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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