1911 Gisborne-Melton Road (City Of Melton), Kurunjang, VIC 3337

Medical | Retail | Showrooms

Sold $3,990,000

  • Property ID: 430665
  • Floor Area: 1084m²
  • Land Area: 10064m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 22/08/2023 1084m2 10064m2 N/A
Premier Childcare Investment Underpinned by 10,064 sqm* Landholding

Stonebridge Property Group is delighted to introduce a rare state-of-the-art childcare facility, strategically located in the second-fastest-growing municipality in Victoria, ILO Early Education Kurunjang.

The key highlights of the opportunity include:

- 15 year net lease to 2036 + options to 2056 with fixed 3% annual rental increases

- Underpinned by rare 10,064 sqm* landholding, allowing for a multitude of future uses (STCA)

- ILO Early Learning — Experienced and successful operators inspired by the internationally renowned Finnish model of early education curriculum

- High performing facility strategically situated in the City of Melton — 2nd fastest growing municipality in Victoria

- Premium and well configured 138 place childcare facility, created in collaboration with Finnish architects and designers

- Favourable net lease structure with tenant paying all outgoings (excluding land tax)

- Favourable parent company guarantee to Finnish Early Childhood Education (Australia), together with personal director guarantees

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Rorey James
0439 400 081

Kevin Tong ???
0422 848 818

*Approximately

Property Code: 633

Kurunjang Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3681 --- ---
This is the average advertised price, rent and yield for Kurunjang, VIC 3337*
* 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:

  • 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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