- Secure Tenanted Investment – Leased to Birches Early Learning Centre, a boutique childcare provider with a strong track record and seven established centres throughout Victoria.
- Near-new building, purpose-built facility with approximately 600 square metres of modern construction, 21 car spaces, and over 1045 square metres of outdoor play space.
- 10+10+10-year lease commenced September 2024 with 3.5% annual rent increase
- Rental income: $339,221.25 + GST per annum
- Substantial landholding of approximately 2,669 sqm – providing excellent long-term value
- Premium Neighbourhood – Frankston South & neighbouring Mount Eliza are one of the Peninsula’s most prestigious postcodes, known for its affluent demographic, established homes on large allotments, and strong median house prices – adding further value and long-term appeal to the surrounding area.
- High-exposure location on Overport Road, which sees approximately 11,600 daily commuters, offering excellent visibility and accessibility for families and staff.
For more information or to request a detailed Information Memorandum, contact Jonathan Lan on 0422 358 259.
********
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.
By sending an enquiry to Australian Sales and Leasing you agree to be marketed to in the future for similar properties through email alerts/sms messages. This is at NO COST to you and at any time you wish to cancel your subscription please simply reply STOP.
Please visit http://www.consumer.vic.gov.au/duediligencechecklist to view your rights as a buyer.
