The Savills CBD & Metropolitan Sales team is delighted to offer for sale by Expressions of Interest this exceptional child care investment offering a secure, long-term investment opportunity in Camberwell.
The key attributes of the property include:
- A modern, purpose built centre licensed for 98 places (6 weeks – 5 years)
- Substantial land holding of 2,065sq m* occupying a prominent corner location with three street frontages
- Quality improvements comprising building area of 547sq m* with 24 on-site car spaces
- Long 10 x 10 x 5 year lease commencing Feb 2015 to Affinity Educational Group – a national operator with 150 + centres
- Net rental of $344,986 per annum* (As at 20 February 2016)
- Ideal suburban location surrounded by numerous primary and secondary schools, including being positioned directly opposite Wattle Park Primary School, parklands and a dense residential catchment of young families
This is a rare opportunity to secure a high quality centre securely leased and located within a premier residential suburb. Accordingly we encourage prospective purchasers to actively consider this incredible investment opportunity.
164-168 Warrigal Road, Camberwell is For Sale by Expressions of Interest closing Wednesday 9th March at 2pm.
