Savills | 1 Sparks Ave, BURWOOD | Properties for sale
1,433 sq m
Price on application

1 Sparks AveBURWOOD

  • Sold

Key features

  • State-of-the-art Child Care Centre
  • Brand New 14 Year Lease
  • One of Victoria’s Best Operators

EOI Closed - Offers Under Review

About this property

  • The key attributes of this outstanding asset include:
    • Absolute premium 73 place child care centre
    • High-end 590sq m* facility
    • Blue-chip 1,433sq m* landholding
    • Brand New 14 year lease with 3 x 10 year options
    • Commencing net rental of $383,250 per annum + GST
    • Fixed annual rental increases of 3%
    • Leased to one of Victoria’s best child care providers, AMIGA Montessori, with 15 locations across Melbourne and Adelaide
    • New building providing significant depreciation potential
    • High exposure corner location with direct proximity to 10 primary and secondary schools

    This is a rare opportunity to secure an absolute blue-chip investment with a long term lease to an industry leading tenant.

    EOI Closed - Offers Under Review
    Julian Heatherich 0412 995 655
    Benson Zhou 0458 488 888
    Mark Stafford 0404 401 053

    *Approx.

Available space

LevelTenancySale TypePriceAreaSqmStatus
n aExpression of Interest1433.00sq mSold