1 Sparks Avenue,
Burwood, VIC 3125
Medical & Consulting • Offices • Shops & Retail
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Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
1 Sparks Avenue
Burwood, VIC 3125
Map of 1 Sparks Avenue
Bespoke Freehold Investment with First Class Tenant
- State-of-the-art Child Care Centre
- Brand New 14 Year Lease
- One of Victoria’s Best Operators
Savills is delighted to offer for sale this brand new child care blue-chip investment located at 1 Sparks Avenue, Burwood. This state-of-the-art centre has a long term lease to one of Victoria’s best child care operators.
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.
Julian Heatherich 0412 995 6...
Benson Zhou 0458 488 8...
*Approx.
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.
Julian Heatherich 0412 995 6...
Benson Zhou 0458 488 8...
*Approx.
Property ID: 503693234Last Updated: 15 Jun 2021
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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