359-361 CHESTERVILLE ROAD, BENTLEIGH EAST

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Savills is delighted to offer for sale 359-361 Chesterville Road, Bentleigh East. This centre represents the opportunity to secure a brand new, state-of-the-art child care centre in a premier bayside location.

The key attributes of the property include:

  • First class investment adjoining Bentleigh Secondary College

  • New 20 year lease with two further 10 year options

  • Modern purpose-built centre 82 place centre, with approval to expand to 110 places

  • ASX listed tenant ‘Think Childcare’

  • Triple net rental of $328,000 pa*

  • Tenant pays all usual outgoings including land tax

  • A significant landholding of 1,184sqm* ideally located in Melbourne highly sought after bayside region

  • Surrounded by numerous premium education facilities Bentleigh Secondary College and within 1.2km of four Primary Schools

The opportunity to secure such a high quality investment, securely leased to a high quality operator, and located within Melbourne’s premium south-eastern suburbs is extremely rare, and as such we strongly recommend this investment opportunity.

359-361 Chesterville Road, Bentleigh East is For Sale by Expressions of Interest closing Wednesday 14 March at 2pm

*Approx

 

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