359-361 CHESTERVILLE ROAD, BENTLEIGH EAST
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