Tecoma Early Learning Centre, 4 Rutherford Rd, TECOMA | Property for sale | Savills
2,779 sq m
Price on application

Tecoma Early Learning Centre4 Rutherford Rd, TECOMA

  • Sold
Development land
2,779 sq m

Key features

  • Affordable Investment Opportunity
  • ASX Listed Operator
  • 10+10+10 Year Lease

MODERN CHILD CARE CENTRE WITH BRAND NEW LEASE TO ASX LISTED TENANT

About this property

  • The key attributes of the outstanding investment opportunity include:
    - Modern fully refurbished child care centre
    - Leased to ASX listed operator - Mayfield Childcare Limited (21 centres state-wide)
    - Brand new 10+10+10 year lease from May 2019
    - Currently returning $273,000 per annum* + Outgoings & GST
    - Fixed annual 3% rental increases
    - Licensed for 78 places
    - Substantial landholding of 2,779sq m*
    - Located within an established residential neighbourhood
    - Surrounded by a variety of further education facilities including Tecoma Primary, Upwey Primary School and Upwey High School

    *Approx.

    For Private Sale

    For further information please contact:
    Julian Heatherich - 0412 995 655
    Benson Zhou - 0458 488 888

Available space

LevelTenancySale TypePriceAreaSqmStatus
n aExpression of Interest2779.00sq mSold