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188 Tucker Road, Bentleigh

Brand new 20 year lease
  • Land Area:
    1,310 m2
  • Floor Area:
    1,165 m2
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $648,000.00 + GST
  • Car Parks:
    28

OVERVIEW

  • Leased to Buckets Early Learning Centre, with three premium Victorian locations
  • Tenant rated “Exceeding” in the national quality standard in child care services
  • Substantial passing income of $648,000pa* + GST
  • Significant depreciation benefits circa $1,000,000 in the first 5 years
  • Permit for 144 long day care places underpinned by a well exposed corner landholding of 1,310sqm*
  • Newly constructed building of 1,165sqm* with 870sqm* basement car parking for 28 cars

LOCATION

  • Within close proximity to three prominent Primary Schools, a top 10 Victorian State School and Our Lady of the Sacred Heart College, all acting as feeders for child care
  • Located in the heart of one of Melbourne’s largest, inner metropolitan, affluent family growth corridors

 

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