1 Baynes Park Road Monbulk VIC 3793

* LEASED!
* Proposed 88 Place childcare centre (STCA)
* Architecturally impressive design with great street frontage on the corner of Monbulk's main street
* Strong demand for childcare in Monbulk of 8.07 children for every long day care place
* Located in the heart of Monbulk only a few meters from the main shopping strip
* Opposite the site is Monbulk Primary School which recently underwent a $7.1M upgrade funded by the Victorian Government with construction completed in March 2022
* Nearby amenities include Monbulk Recreation Reserve (100m Away), Monbulk Aquatic Centre (570m away) and Moores Road Medical Centre (160m away)
* 4 schools located within a 2km radius for a combined total of 1,174 students including Saint Pauls Primary School 970m away and Monbulk College 1.7km away
* Brand new play space area at Monbulk Recreation Reserve completed by Yarra
* Total site area 1,559 SQM (combined childcare and residential)
* Lease Term 14.5 + 10 + 10
* Rent Reviews 3.5% fixed annual reviews
* Market Reviews - at the expiration of the term

This centre is now under offer!

Contact Wendy Zhou 0422 011 188 or Guido Bonanni 0407 444 808 to receive a detailed information memorandum and lease documentation.

Applications close 15th September 2022 at 4:00pm if not leased prior.

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ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

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