4-6 & 8-12 The Avenue,
Narre Warren South, VIC 3805
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Map of 4-6 & 8-12 The Avenue
Secure Childcare and Aquatic Centre Investments
- Secure long-term income from YMCA
- Located within major growth corridor
- Available as a ‘whole’ or 'individually'
Fitzroys is delighted to offer for sale these superb childcare and aquatic centre investments located at 4-6 & 8-12 The Avenue, Narre Warren South. Both properties are leased to a secure national not-for-profit organisation, YMCA.
The key attributes of the offering include:
- A rare opportunity to secure investments leased for 15 years to a NFP organisation
- Available as a ‘whole’ or 'individually'
- Combined Income of $422,275 p.a. approx
- Substantial CZ1 land holding of 4,798m2 (combined)
- Strategically located within the Casey growth corridor of Narre Warren South
A summary of the two investments as follows:
Aquatic Centre:
Leased to YMCA Aquatic Education Ltd
Lease profile 15 + 10 + 10 years from October 2011
Returning $276,721 p.a. approx. as at 1st October 2017
Site Area of 2,583m2
53 allocated on-site car spaces
Childcare Centre:
Leased to YMCA Aquatic Education Ltd
Lease profile 15 + 10 + 10 years from October 2011
Returning $145,554 p.a. approx. as at 1st October 2017
Site Area of 1,561m2
16 allocated on-site car spaces
For Sale by Expressions of Interest closing Wednesday 12th July at 3pm
The key attributes of the offering include:
- A rare opportunity to secure investments leased for 15 years to a NFP organisation
- Available as a ‘whole’ or 'individually'
- Combined Income of $422,275 p.a. approx
- Substantial CZ1 land holding of 4,798m2 (combined)
- Strategically located within the Casey growth corridor of Narre Warren South
A summary of the two investments as follows:
Aquatic Centre:
Leased to YMCA Aquatic Education Ltd
Lease profile 15 + 10 + 10 years from October 2011
Returning $276,721 p.a. approx. as at 1st October 2017
Site Area of 2,583m2
53 allocated on-site car spaces
Childcare Centre:
Leased to YMCA Aquatic Education Ltd
Lease profile 15 + 10 + 10 years from October 2011
Returning $145,554 p.a. approx. as at 1st October 2017
Site Area of 1,561m2
16 allocated on-site car spaces
For Sale by Expressions of Interest closing Wednesday 12th July at 3pm
Property ID: 502434614Last Updated: 7 Sep 2017
4-6 & 8-12 The Avenue
Narre Warren South, VIC 3805
Fitzroys - MelbourneLevel 27, 360 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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