Feature Property

329-345 Bay Road, CHELTENHAM, VIC

Type: sale

Building Area: 2282 sqm

BRAND NEW SECURE BAYSIDE CHILD CARE INVESTMENT

329-345 Bay Road, Cheltenham is For Sale by Expressions of Interest closing Wednesday 30 May at 3pm

Savills and Gorman Commercial are delighted to offer for sale Lot 2, 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 the 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.

Contact Details

Jonathon McCormack
jmccormack@gormancommercial.com.au
0418 835 885

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