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4c Wally Place
Lynbrook VIC 3975
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Sold on 25 Mar 2025

4c Wally Place Lynbrook VIC 3975

  • Medical / Consulting
  • 688 m²
  • Sold

Strategic Childcare Investment | 7% Yield Anticipated

    Burgess Rawson in conjunction with Nichols Crowder is pleased to offer to the market, 4C Wally Place, Lynbrook VIC for sale via Portfolio Auction 175.

    This opportunity has the following key investment highlights:

    + Ten (10) year net lease to Story House to November 2028, plus 2 x 10 year options through to 2048.
    + Story House: leading early childhood education provider, with a network of 50 centres across the eastern seaboard.
    + Fixed 3% annual rent increases.
    + Modern 688*sqm single-level childcare facility licensed for 107 LDC places.
    + Landlord-friendly net lease terms with the tenant responsible for all usual outgoings.
    + Prominently positioned within a strong schooling catchment, with seven (7) schools within a 3km* radius servicing 3,654 students**
    + Ideally located near prominent retail destinations including Lynbrook Village, Hampton Park Shopping Centre, and Westfield Fountain Gate, this site provides easy access to national retailers Coles, Woolworths, ALDI, and Kmart, plus 153 specialty stores.
    + Perfectly positioned adjacent to the Western Port Hwy, a vital southeast arterial route, this site ensures immediate access for commuters heading to the South Gippsland region. With more than 80,000 vehicles passing daily*.
    + City of Casey: One of Melbourne's fastest-growing municipalities, with a rapidly expanding population projected to grow 43% by 2046.^
    + Childcare/Early Education is an essential service with both Federal and State Governments allocating $14.8 billion of funding for FY24, with an additional $4.7 billion dedicated to the cheaper childcare reform which took effect in July 2023
    + Net Rent: $371,055 pa* + GST

    For sale via Burgess Rawson Portfolio Auction 175
    10:30am AEDT, Wednesday 26 March 2025
    Crown Casino, Melbourne

    *approx
    **gapmaps
    ^profile id.

    AUCTION

    Auction date and time26/03/2025 10:30
    Auction locationCrown Casino - River Room - Melbourne
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold25 Mar 2025
    Floor Area688 m²
    Land Area1,650 m²
    ParkingAsk Agent
    Property ID2019833704
    Category
    Last updated  27 Mar 2025
    Map for 4c Wally Place Lynbrook VIC 3975

    Nearest transport* to 4c Wally Place Lynbrook VIC 3975

    Bus
    Train
    Tram
    Ferry
    Olive Rd/South Gippsland Hwy (Hampton Park)262 m
    Northey Rd/South Gippsland Hwy (Lynbrook)334 m
    South Gippsland Hwy/McDowall Rd (Hampton Park)467 m
    South Gippsland Hwy/McDowall Rd (Hampton Park)477 m
    This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
    *Within a 4km radius
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    Max wholesale speed tier available: nbn® Fibre to the Premises
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold25 Mar 2025
    Floor Area688 m²
    Land Area1,650 m²
    ParkingAsk Agent
    Property ID2019833704
    Category
    Last updated  27 Mar 2025

    Co-Agents

    Justin Kramersh
    Burgess Rawson VIC Pty Ltd
    Call
    0460 349 605
    Natalie Couper
    Burgess Rawson VIC Pty Ltd
    Call
    0413 856 983
    Joshua Monks
    Nichols Crowder - Carrum Downs
    Call
    0409 335 179
    Renato Daniele
    Nichols Crowder - Carrum Downs
    Call
    0414 733 500

    More about 4c Wally Place Lynbrook VIC 3975

    4c Wally Place Lynbrook VIC 3975 is categorized as Medical & Consulting Property. It has a floor area of 688 m² and a land area of 1,650 m². The listing ID for this property is 2019833704.

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