cheltenham sold.jpg

Savills and Gorman Commercial are delighted to offer for sale 329 - 345 Bay Road, Cheltenham. This centre represents an incredible opportunity to secure a brand new, perfectly positioned childcare centre within one of Melbourne’s most desirable bayside locations.

 The key attributes of this property include:

• Brand new, three-level, purpose-built child care centre with permit for 112 places

• Within the new multi-million dollar ‘Assembly Bayside’ mixed use development

• Leased to ‘Little Learning School’ with over 30 centres nationally

• Brand new 15 year lease with two further 10 year options

• Annual rental of $423,600 per annum*

• Ideally positioned within Melbourne’s prestigious bayside region

• Moments away from Westfield’s Southland Shopping Centre and the brand new Southland Train Station

The opportunity to secure such a high quality child care centre securely leased to a national operator and located within one of

Melbourne’s premium bayside locations is extremely rare, and as such we strongly recommend this investment opportunity