20 Reservoir Road,
Frankston, VIC 3199
Medical & Consulting • Development Sites & Land
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Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
20 Reservoir Road
Frankston, VIC 3199
Map of 20 Reservoir Road
Affordable Child Care Investment Leased to Blue Chip Tenant
- Leased to Affinity Education
- Boutique 65 Place Centre
- Significant Residential Landholding
Savills is delighted to offer for sale 20 Reservoir Road, Frankston. This high quality child care centre represents a premium opportunity to secure the ultimate investment with significant future upside.
The key attributes of the property include:
- Leased to Affinity Education Group with over 150 centres nationally
- Boutique child care centre licensed for 65 places
- Current net rental of $92,700 per annum*
- 5 year lease with options until December 2037
- Very conservative rental rate with fixed 3% increases
- Significant landholding of 2,211sq m*
- General Residential Zone
- Situated in prime suburban Frankston location with 12 Primary and Secondary schools within 2km*
The opportunity to secure such an affordable, high quality centre, securely leased to an established operator, and located within an established bayside suburb is extremely rare, and as such we strongly recommend this investment opportunity.
For Immediate Private Sale
For further information please contact:
Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...
The key attributes of the property include:
- Leased to Affinity Education Group with over 150 centres nationally
- Boutique child care centre licensed for 65 places
- Current net rental of $92,700 per annum*
- 5 year lease with options until December 2037
- Very conservative rental rate with fixed 3% increases
- Significant landholding of 2,211sq m*
- General Residential Zone
- Situated in prime suburban Frankston location with 12 Primary and Secondary schools within 2km*
The opportunity to secure such an affordable, high quality centre, securely leased to an established operator, and located within an established bayside suburb is extremely rare, and as such we strongly recommend this investment opportunity.
For Immediate Private Sale
For further information please contact:
Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...
Property ID: 503302710Last Updated: 16 Jun 2021
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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