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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

 

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