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1642m2

Suite 220 & 221 Upper Level, 8-34 Gladstone Park Drive VIC 3043

Childcare Investment

Retail

  • Asking Price $3,050,000
  • Located Within Gladstone Park Shopping Centre
  • Major stores include Woolworths and IGA Supermarkets, Banks include ANZ, CBA and Westpac together with a number of minor stores and a food court
  • Initial Ten Year term - commenced February 2009
  • Two further terms of ten years each
  • Current rental $280,766 per annum net plus GST
  • Bank Guarantee held $308,842.66
  • Annual increases by 4%
  • Tenant pays all outgoings
  • Area 792m2 approx plus 850 m2 external play area
  • Childcare centre licenced for 120 placements
  • Potential 9% return

Contact Stan Sidiropoulos 0417 484 686 stan@crsproperty.com.au

Lou Montalti 0488 553 455 lou@crsproperty.com.au

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