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11 & 15 Kimberley Drive
Chirnside Park VIC 3116
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Sold on 1 Feb 2021

11 & 15 Kimberley Drive Chirnside Park VIC 3116

  • Medical / Consulting
  • 979 m²
  • Sold

Chirnside Park Childcare Investment - Part of the Early Education Portfolio

  • Places: 110
  • Income: $434,500pa*
  • Lease: 20+10+10+10 years

Savills, Burgess Rawson and CBRE and are delighted to present a premium portfolio of 21 Early Education investments located within select, high-growth corridors in Melbourne and Perth.

The Chirnside Park investment at 11 & 15 Kimberley Drive presents an outstanding opportunity with the following key attributes:
- Childcare centre of 110 places
- 20+10+10+10 year lease
- Operated by Story House Early Learning
- Commencing net income of $434,500pa*
- Annual fixed rental increases of 3%
- New construction with significant depreciation benefits
- Strategically located near several primary and secondary schools including Chirnside Park Primary
- Chirnside Park has a local population which comprises 66% of families^

*Approximate. ^2016 Census Quick Facts, Chirnside Park (Vic)

SOLD

For further information on this opportunity or the whole portfolio of premium assets, please contact the exclusive selling agents.

Savills Melbourne
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Date Sold1 Feb 2021
Floor Area979 m²
Land Area1,735 m²
ParkingOn site parking available
Property ID2017135948
Category
 Medical / Consulting
 Shop & Retail
 Other
Last updated  
Map for 11 & 15 Kimberley Drive Chirnside Park VIC 3116
The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
Savills Melbourne
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Date Sold1 Feb 2021
Floor Area979 m²
Land Area1,735 m²
ParkingOn site parking available
Property ID2017135948
Category
 Medical / Consulting
 Shop & Retail
 Other
Last updated  

Listed by

Julian Heatherich
Julian Heatherich
Savills Melbourne
Call
0412 995 655

Enquire about this property

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            More about 11 & 15 Kimberley Drive Chirnside Park VIC 3116

            11 & 15 Kimberley Drive Chirnside Park VIC 3116 is categorized as Medical & Consulting Property. It has a floor area of 979 m² and a land area of 1,735 m². The listing ID for this property is 2017135948.

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