• For Sale
  • Health Care
Blue-chip ASX Listed Childcare Investment
Blue-chip ASX Listed Childcare Investment
Blue-chip ASX Listed Childcare Investment
Blue-chip ASX Listed Childcare Investment
Blue-chip ASX Listed Childcare Investment
Blue-chip ASX Listed Childcare Investment
Blue-chip ASX Listed Childcare Investment
Blue-chip ASX Listed Childcare Investment
Blue-chip ASX Listed Childcare Investment
Blue-chip ASX Listed Childcare Investment
Blue-chip ASX Listed Childcare Investment
Blue-chip ASX Listed Childcare Investment
Blue-chip ASX Listed Childcare Investment

For Sale

Expressions of Interest 15th Oct 2020 At 4pm (AEDT)
Colliers International is proud to offer for sale 39-41 Isabella Street, Moorabbin.

•Secure ‘Essential Service’ Childcare Investment.

•15 Year Net Lease with 4 x 5 year options extending to 2053.

•‘Blue-chip’ lease covenant – Mayfield Childcare Limited: ASX listed childcare tenant operating 21 centers across Victoria, representing 1,777 registered childcare places.

•Current estimated net income of $333,304* p.a. + GST + Outgoings (as at September 2020) with fixed 2.00% rental increases per annuum.

•Substantial underlying land area of 1,429sqm with a combined 63.7m of high profile corner street frontage.

•Situated in the heart of Moorabbin, 16km south-east of the Melbourne CBD - Strategic location near Southmoor Primary School, Bayside Special Developmental School, St Catherine’s Primary School, Holmesglen Moorabbin Campus and Holmesglen Private Hospital.

•Located in a significant education precinct: nine schools within 3km.

•Recently renovated with significant depreciation benefits.

*Approximately

For sale by International Expressions of Interest (EOI) closing Thursday 15th October 2020 at 4pm ADST.

All offers will be considered at the conclusion of the EOI.

For further information please contact the exclusive selling agents

Mark Agius: 0448 184 744 / mark.agius@colliers.com

Shalain Singh: 0429 336 446 / shalain.singh@colliers.com

Anthony Kirwan: 0431 952 430 / anthony.kirwan@colliers.com

Ted Dwyer: 0411 312 165 / ted.dwyer@colliers.com

Property Details