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Cushman & Wakefield - Melbourne

128 Wilsons Road Newcomb, VIC 3219

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128 Wilsons Road,
Newcomb, VIC 3219

Medical & Consulting • Development Sites & Land • Other
Added 1 day ago

Price information

Sale - Expression of Interest closing Thu 28 Nov

Contact Cushman & Wakefield today

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Cushman & Wakefield - Melbourne
Cameron Zamora
Raphael Favas

Cushman & Wakefield - Melbourne

Level 9, 385 Bourke Street
MELBOURNE, VIC 3000
Cushman & Wakefield - Melbourne
128 Wilsons Road
Newcomb, VIC 3219

Map of 128 Wilsons Road

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  • Train stations within 5 km of 128 Wilsons Road, Newcomb, VIC 3219Distance
    South Geelong Railway Station3.1 km
    South Geelong3.1 km
    Geelong Station4.3 km
    Marshall4.5 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 128 Wilsons Road, Newcomb, VIC 3219Distance
    Wilsons Rd/Bellarine Hwy (Newcomb)51 m
    Newcomb Central SCBellarine Hwy76 m
    Bellarine Village Shopping Centre/Bellarine Hwy (Newcomb)256 m
    Newcomb Secondary College/Bellarine Hwy (Newcomb)370 m
    Elliot Ct/Wilsons Rd (Whittington)383 m
    POWERED BY HERE ©
POWERED BY HERE ©

Modern Childcare Centre With 20 Year Lease to National Operator!

  • 20-Year Lease + Annual Increases
  • National Operator – 45+ Locations
  • Expansive Land Parcel of 2,262sqm*
Cushman & Wakefield are proud to exclusively present for sale 128 Wilsons Road, Newcomb for sale by Expression of Interest closing Thursday 28th November 2024 at 12pm.

- High quality childcare centre which has recently undergone extensive renovations, catering for children 0-5 including a fully funded kindergarten program.
- Strong annual income of $350,350 per annum plus GST & Outgoings.
- Sustainable rental of circa $3,850 per place (91 places) ensuring tenant viability and obvious long term rental upside.
- New 20-year net lease in place with options to 2063, tenant responsible for all statutory outgoings (excl land tax).
- Attractive yield available with future proofed returns through fixed rental increases of 2.5% annually.
- Highly exposed location on the corner of Wilson Road & Bellarine Hwy and directly adjacent to the Newcomb Central Shopping Centre.


For Sale by Expression of Interest Closing Thursday 28th November 2024 at 12pm.

*Approx

For more information, contact the Cushman & Wakefield team below.

Raphael Favas +61 435 916 3...
Cameron Zamora +61 482 888 8...

Property ID: 504724436Last Updated: 30 Oct 2024

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