Nido Avondale Heights, 5-7 Clarendon Street,
Avondale Heights, VIC 3034
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Stonebridge Property Group - Melbourne
Level 19, 627 Chapel StreetSOUTH YARRA, VIC 3141
Nido Avondale Heights, 5-7 Clarendon Street
Avondale Heights, VIC 3034
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20 Year Net Lease to National Operator - Tenant Pays Outgoings Plus Land Tax
- Licensed for 102 Places
- Strategic Childcare Position
- Significant Depreciation Benefits
Stonebridge Property Group, as part of Victoria's Premier Childcare Portfolio, is pleased to present for sale Nido Avondale Heights (5-7 Clarendon Street, Avondale Heights).
The key highlights of the opportunity include:
- 20 year net lease to 2042 plus options to 2062 with CPI + 0.75% annual rent increases (3% Collar, 4% Cap)
- Nido Early School – a high performing, national operator with 100+ centres in operation or in the development pipeline
- Prominent 1,414 sqm* site improved by a newly built 102 place facility providing significant depreciation benefits
- Ideal childcare location with 22 schools within a 3 km* radius, directly neighbouring Avondale Primary School & within walking distance of national tenant Coles
- City of Moonee Valley – an affluent metro-Melbourne municipality with population forecasted to reach 167,000+ by 2046
- Net Lease Structure - Tenant pays all usual outgoings including Land Tax
- Net Income $463,357 pa* + GST and secured by a 6 months’ rent plus outgoings Bank Guarantee
To obtain further information, or arrange an inspection please contact the exclusive selling agents, Stonebridge Property Group.
Rorey James
+61 439 400 0...
Kevin Tong 汤聪瑜
+61 422 848 8...
*Approximately
Property Code: 1081
The key highlights of the opportunity include:
- 20 year net lease to 2042 plus options to 2062 with CPI + 0.75% annual rent increases (3% Collar, 4% Cap)
- Nido Early School – a high performing, national operator with 100+ centres in operation or in the development pipeline
- Prominent 1,414 sqm* site improved by a newly built 102 place facility providing significant depreciation benefits
- Ideal childcare location with 22 schools within a 3 km* radius, directly neighbouring Avondale Primary School & within walking distance of national tenant Coles
- City of Moonee Valley – an affluent metro-Melbourne municipality with population forecasted to reach 167,000+ by 2046
- Net Lease Structure - Tenant pays all usual outgoings including Land Tax
- Net Income $463,357 pa* + GST and secured by a 6 months’ rent plus outgoings Bank Guarantee
To obtain further information, or arrange an inspection please contact the exclusive selling agents, Stonebridge Property Group.
Rorey James
+61 439 400 0...
Kevin Tong 汤聪瑜
+61 422 848 8...
*Approximately
Property Code: 1081
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Property ID: 504695868Last Updated: 24 Oct 2024
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141