Under Offer
For Sale
  • Development
  • Modern Childcare Centre With 20 Year Lease to National Operator!

    128 Wilsons Road, Newcomb, Victoria 3219 Australia
    Under Offer
    For Sale
  • Development
  • Modern Childcare Centre With 20 Year Lease to National Operator!

    128 Wilsons Road, Newcomb, Victoria 3219 Australia
    Lot Size
    2,262 SQM
    Lot Size
    2,262 SQM

    OVERVIEW

    Cushman & Wakefield are proud to exclusively present for sale 128 Wilsons Road, Newcomb for sale by Private Deadline Closing Thursday 12th December 2024 at 1pm.


    - High quality childcare centre which has recently undergone extensive renovations, catering for children 0-5 including a fully funded kindergarten program. 

    - New 20-year net lease in place with options to 2063, tenant responsible for all statutory outgoings (excl land tax).

    - Attractive yield available with future proofed returns through fixed rental increases of 2.5% annually.

    - Highly exposed location on the corner of Wilson Road & Bellarine Hwy and directly adjacent to the Newcomb Central Shopping Centre.

    - Strong annual income of $350,350 per annum plus GST & Outgoings. 

    - Sustainable rental of circa $3,850 per place (91 places) ensuring tenant viability and obvious long term rental upside.


    For Sale by Private Deadline Closing Thursday 12th December 2024 at 1pm.


    *Approx


    For more information, contact the Cushman & Wakefield team below. 


    Raphael Favas | +61 435 916 380

    Jeff Ha 石军豪 | +61 401 145 166

    Cameron Zamora | +61 482 888 886

    - Bellarine Peninsula

    Details

    Sale Price:
    Negotiable
    Lot Size:
    2,262 SQM

    AVAILABILITIES

    LOCATION

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