57-59 Stud Road Dandenong VIC 3175

Medical / Consulting
762 m²
Sold

Strong-Trading Childcare Investment | New 15+10+10 Year Net Lease to 2056

+ New 15 year net lease to CREST Childrens Sanctuary to 2036
+ Two further 10 year options to 2056
+ CREST Childrens Sanctuary: private operator with 8 years industry experience across multiple locations and family within industry for 20+ years
+ Tenant pays all outgoings including land tax
+ Desirable fixed 3% annual rent increases
+ Impressive 762 sqm double storey educational facility, licensed for 111 LDC places
+ Prime 1,474 sqm main road site, with 32,000+ vehicles passing daily
+ Strategically positioned metres from Dandenong Hospital, Dandenong Market and 28km from the Melbourne CBD
+ Childcare/Early Education is an essential service and one of Australias most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector in the 2019/20 financial year
+ Net Income: $388,500 pa + GST and outgoings

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 31 March 2021

AUCTION

Auction date and time	31/03/2021 10:30
Auction location	57-59 Stud Road, Dandenong VIC

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	31 Mar 2021
Floor Area	762 m²
Land Area	1,474 m²
Parking	Ask Agent
Property ID	2016855715
Category	Medical / Consulting Shop & Retail
Last updated

Map for 57-59 Stud Road Dandenong VIC 3175

Nearest transport* to 57-59 Stud Road Dandenong VIC 3175

Bus

Train

Tram

Ferry

Bruce St/Stud Rd (Dandenong)	123 m
Herbert St/Stud Rd (Dandenong)	126 m
Herbert St/Stud Rd (Dandenong)	136 m
Bruce St/Stud Rd (Dandenong)	173 m

*Within a 4km radius

Did you find this helpful?

Yes

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.

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	31 Mar 2021
Floor Area	762 m²
Land Area	1,474 m²
Parking	Ask Agent
Property ID	2016855715
Category	Medical / Consulting Shop & Retail
Last updated

Co-Agents

Natalie Couper

Burgess Rawson VIC Pty Ltd

Call

0413 856 983

Adam Thomas

Burgess Rawson VIC Pty Ltd

Call

0418 998 971

More about 57-59 Stud Road Dandenong VIC 3175

57-59 Stud Road Dandenong VIC 3175 is categorized as Medical & Consulting Property. It has a floor area of 762 m² and a land area of 1,474 m². The listing ID for this property is 2016855715.