Make your mark on this iconic Camberwell Junction opportunity
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101-103 Manchester Road, Mooroolbark
Freestanding investment opportunity in high growth location
- Land Area:
2,045 m2 - Floor Area:
773 m2 - Tenancy:
Tenanted Investment - Income:
$333,320.00 + GST - Car Parks:
27 - Lease:
10 year lease
OVERVIEW
- New 10 year lease with options to 2048
- Leased to Mooroolbark Child Care Centre, nationally recognised operator
- Architecturally designed, purpose built child care centre and outdoor play area with a permit for 104 places
- Substantial building area of 773sqm* with 27 on grade car spaces
- Returning $333,320pa* + outgoings + GST complimented by annual rental increases providing exciting income growth prospects
LOCATION
- Irreplaceable multi-frontage land holding of 2,045sqm* with dominant exposure to the corner of Manchester Road & Kalimna Street