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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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