4 Brightfield Street (Cnr Crestfield Way),
Wyndham Vale, VIC 3024
Medical & Consulting • Other
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
4 Brightfield Street (Cnr Crestfield Way)
Wyndham Vale, VIC 3024
Map of 4 Brightfield Street (Cnr Crestfield Way)
BRAND NEW EDUCATION INVESTMENT IN VICTORIAS FASTEST GROWING MUNICIPALITY – 15 YEAR LEASE
- Returning $371,700p.a* + GST
- 15 Year Lease + Options to 2056
- Fixed 4% Rental Increases
CBRE Australian Healthcare & Social Infrastructure is proud to present for sale 4 Brightfield Street, Wyndham Vale (Cnr Crestfield Way) – A high quality education investment positioned within the fastest growing municipality in Victoria.
OVERVIEW
+ Annual income of $371,700*+ GST & outgoings with fixed 4% annual increases
+ Strategic corner landholding of 2,629sqm* zoned Urban Growth with frontage to Brighfield Street and Crestfield way plus twenty-seven (27) car spaces
+ 15-year lease with two (2) further ten (10) year options to 2056
+ Brand new and architecturally designed 779sqm* centre complete as of Nov-2021 offering strong depreciation benefits with oversized learning spaces and permit for 126 places
+ Considerable bank guarantee equal to 6 months rental exceeding industry standards
+ Funtastic Kidz: High quality private early learning provider with strong occupancy forecast for 2022 and beyond
LOCATION
+ Positioned within Victoria’s highest growth corridor (Wyndham City) with average forecast population growth of 144% by 2041
+ High demand owner occupier market driven by young couples and families wanting to enter the residential market creating strong demand for early learning services
+ Within a popular and expanding residential community with significant parkland and recreational amenity for families and under 1km* to Manor Lakes Central Shopping Centre
+ Strong historical median house price growth location with Wyndham Vale having seen average year on year price growth of 7.15%*
AUCTION THIS WEDNESDAY
Contact below to register for inspection:
Marcello Caspani-Muto
+61 417 065 7...
Sandro Peluso
+61 418 389 7...
Jimmy Tat
+61 439 399 1...
approx*
OVERVIEW
+ Annual income of $371,700*+ GST & outgoings with fixed 4% annual increases
+ Strategic corner landholding of 2,629sqm* zoned Urban Growth with frontage to Brighfield Street and Crestfield way plus twenty-seven (27) car spaces
+ 15-year lease with two (2) further ten (10) year options to 2056
+ Brand new and architecturally designed 779sqm* centre complete as of Nov-2021 offering strong depreciation benefits with oversized learning spaces and permit for 126 places
+ Considerable bank guarantee equal to 6 months rental exceeding industry standards
+ Funtastic Kidz: High quality private early learning provider with strong occupancy forecast for 2022 and beyond
LOCATION
+ Positioned within Victoria’s highest growth corridor (Wyndham City) with average forecast population growth of 144% by 2041
+ High demand owner occupier market driven by young couples and families wanting to enter the residential market creating strong demand for early learning services
+ Within a popular and expanding residential community with significant parkland and recreational amenity for families and under 1km* to Manor Lakes Central Shopping Centre
+ Strong historical median house price growth location with Wyndham Vale having seen average year on year price growth of 7.15%*
AUCTION THIS WEDNESDAY
Contact below to register for inspection:
Marcello Caspani-Muto
+61 417 065 7...
Sandro Peluso
+61 418 389 7...
Jimmy Tat
+61 439 399 1...
approx*
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Property ID: 503979322Last Updated: 23 Mar 2022
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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