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CBRE - Melbourne

189 St Helena Road Greensborough, VIC 3088

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189 St Helena Road,
Greensborough, VIC 3088

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CBRE - Melbourne
Sandro Peluso
Jimmy Tat

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
189 St Helena Road
Greensborough, VIC 3088

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Premium Metro Investment With New 15 Year Lease on Over an Acre of Land

  • Irreplaceable Land Holding of 4,224sqm*
  • State Of The Art Childcare Centre
  • High Demand Location For Services
Fitzroys and CBRE are delighted to offer for sale 189 St Helena Road, Greensborough. This immaculately presented, brand new, childcare centre investment on a substantial landholding offers significant upside inclusive of strong future growth, local development and depreciation benefits.

Key attributes of this exceptional property include:

- New 15 year lease plus options to long established, proven childcare operator
- Returning $432,000 per annum plus GST
- Fixed annual rental increases
- Tenant pays all outgoings including Land Tax
- Architecturally designed, purpose built facility of 1,891sqm*
- 27 on site car parks
- Generous land area of 4,224 sqm*
- Estimated tax depreciation benefits of $800,000 in the first 5 years
- High demand location for childcare services
- Convenient access to Greensborough Plaza Shopping Centre, Greensborough Railway Station and bus services
- Surrounded by ten public and private schools
- Proven growth location with median house prices having increased enormously in the past 5 years = strong capital growth in your investment
- The location is forecast to further benefit from the North East link project

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING FRIDAY 26th OCTOBER AT 2.30PM

*approx.

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Property ID: 502968878Last Updated: 24 Dec 2018

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CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000

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