Permitted 158 place Childcare Centre for Lease

• Permitted 158 place Childcare Centre for lease
• High exposure site on busy Nepean Highway with approx. 52,000 cars passing the site daily
• Great street frontage on busy Nepean Highway, connecting Melbourne to the Peninsula and conveniently accessed by a service road
• Demand for childcare in Parkdale with 3.74 children per place
• Located within a school precinct with 14 schools within a 2km radius of the site for a combined total of 10,801 enrolments
• Impressive design includes reception on each floor, pram parking, elevator access, large staff break room with kitchen, spacious playrooms, basement parking and natural light throughout
• Close to amenities with Parkdale Plaza 130m down the road, Parkdale Train Station 600m away, Parkdale Primary School 300m away and Moorabbin Airport 1.8km away
• Total site area 1,509 SQM
• Lease Term – 10 + 10 + 10
• Rent Reviews – 3.5% fixed annual reviews
• Market Reviews – at the expiration of the term

By Expression of Interest, closing Thursday 1^st August 2024 at 4:00pm if not leased prior.

Please contact Wendy Zhou on 0422 011 188 or Jonathan Lan on 0422 358 259 to receive a detailed information memorandum.

ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

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