1A Fitzpatrick Drive,
Altona Meadows, VIC 3028
Medical & Consulting • Shops & Retail • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
1A Fitzpatrick Drive
Altona Meadows, VIC 3028
Map of 1A Fitzpatrick Drive
Affordable Metro Childcare Freehold Investment
- 10 + 10 Year Net Lease to 2037
- Triple street frontage site
- Established & successful business
+ Renewed net lease to Baby Bells to 2027 plus option to 2037
+ Baby Bells: experienced private operator with long established business in a high-growth location
+ Tenant pays all usual outgoings
+ Purpose-built child care centre licensed for 75 LDC places
+ Prominent 1,729 sqm main road site with 94+ metre frontage to Central Avenue
+ Located opposite McDonald’s, metres from both Point Cook Road and the Princes Freeway, and only 18km from the Melbourne CBD
+ Hobsons Bay City Council: Home to 97,751 people, supporting 36,394 jobs and has an annual economic output of $16.669 billion.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year
+ Net Income: $171,286 pa + GST
For Sale by Investment Portfolio Auction
11:00am (AEDT) Wednesday 28 October
In conjunction with Childcare Sales Victoria
David Knuppel
0412 393 829
childcarebrokers@bigpond.com.au
+ Baby Bells: experienced private operator with long established business in a high-growth location
+ Tenant pays all usual outgoings
+ Purpose-built child care centre licensed for 75 LDC places
+ Prominent 1,729 sqm main road site with 94+ metre frontage to Central Avenue
+ Located opposite McDonald’s, metres from both Point Cook Road and the Princes Freeway, and only 18km from the Melbourne CBD
+ Hobsons Bay City Council: Home to 97,751 people, supporting 36,394 jobs and has an annual economic output of $16.669 billion.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year
+ Net Income: $171,286 pa + GST
For Sale by Investment Portfolio Auction
11:00am (AEDT) Wednesday 28 October
In conjunction with Childcare Sales Victoria
David Knuppel
0412 393 829
childcarebrokers@bigpond.com.au
Explore property virtually
Video
Property ID: 503666158Last Updated: 28 Jan 2021
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Point Cook Medical Complex, 225-229 Sneydes Road,Point Cook, VIC 3030 1413 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
2 Fogarty Street,Williams Landing, VIC 3027 1086 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
Guardian Childcare & Education, 24 Gramercy Boulevard,Point Cook, VIC 3030 2815 m²Medical & Consulting • Shops & Retail • Showrooms & Large Format Retail