PRIME INNER-EASTERN THREE (3) LEVEL COMMERCIAL INVESTMENT WITH 32 BASEMENT CARPARKS
Highlights
New 15 year lease
Net Income: $1,200,000* pa + GST
Fixed 3% annual rent increases
Overview
CBRE Healthcare and Social Infrastructure are pleased to offer for sale the National Education Portfolio, comprising of seven (7) premium investments in Australiaʼs most sought after Capital Cities.
Features of 555 Glenferrie Road, Hawthorn include:
+ New 15 year lease to Little Lane Early Learning to 2034 plus options to 2064
+ Net Income: $1,200,000* pa + GST
+ Substantial 2,119sqm* purpose-built facility licensed for 158 places
+ Fixed 3% annual rent increases
+ Tenant pays all outgoings including CAPEX and Land Tax
+ Long-standing, premium early education provider with 23 centres nationally
+ Highly valuable landholding with median house price growth of 76.3% in the past eight (8) years
+ Significant depreciation benefits of $7,510,000*
+ Favourably Zoned Residential Growth, 5km* from the Melbourne CBD
For information please contact the exclusive sales and marketing agents:
Sandro Peluso
+61 418 389 757
Josh Twelftree
+61 452 524 985
Jimmy Tat
+61 439 399 118
Marcello Caspani-Muto
+61 417 065 777
*Approx
