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418 & 1/420 Nepean Highway, Parkdale VIC 3195

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418 & 1/420 Nepean Highway, Parkdale VIC 3195

Parkdale

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Sold Check
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418 & 1/420 Nepean Highway, Parkdale VIC 3195

Parkdale

SOLD
418 & 1/420 Nepean Highway, Parkdale VIC 3195

418 & 1/420 Nepean Highway, Parkdale VIC 3195

Properties / Sold / Victoria / Parkdale
Development Approved
Property Type
Health/Medical
Sub Type
Child Care
Land Area
1,509 m² (*approx)
Selling Method
Private treaty: Contact Agent
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SOLD! Permitted Childcare Development Site with Tenant in Place for Sale - Parkdale VIC
  • Shovel Ready Development
  • Tenant in Place
  • $569,500 + GST Annual Rent

Features:

 

Prime Childcare Development Opportunity

 

Impressive Rental Income: Annual rent of $569,500 plus GST with a 3% annual increase.

 

Long-Term Lease: Secure lease terms of 10+10+10 years.

 

Tenant Profile: A highly respected operator with an existing centre in Bon Beach near 100% occupancy, seeking to expand their portfolio and community presence.

 

Size and Capacity: 158-place permitted childcare development site, tenanted by an experienced and reputable operator.

 

Shovel-Ready Project: Includes approved planning permits and building permit in the sale price. Landlord to complete all pre-construction preparations.

 

High Demand Area: There are 1,923 children aged under 5 in the area. This represents a ratio of 3.09 children under 5 per long day care place.

 

Prime Location: Exceptional street frontage on the bustling Nepean Highway, with approximately 54,000 cars passing daily.

  1. 130m to Parkdale Plaza
  2. 600m to Parkdale Train Station
  3. 300m to Parkdale Primary School
  4. 1.8km to Moorabbin Airport
  5. 2.5km to Mentone Grammar School

 

Educational Hub: Located within a thriving school precinct, with 12 schools within 2km hosting a combined 9,396 enrolled students.

 

Proximity to New Developments: Adjacent to the recently completed Topaz Estate, featuring 22 luxury townhouses.

 

Purpose-Built Facility: Plans for a two-storey, purpose-built childcare centre on a 1,509m² site, featuring:

  1. 7 playrooms
  2. Piazza and outdoor play areas
  3. 32 on-site parking spaces

 

This is a rare and exceptional investment opportunity in a high-demand location. Act now to secure this incredible asset!

 

SOLD!

 

Contact Wendy Zhou on 0422 011 188 to receive a copy of the information memorandum.

 

********

 

ASL Real Estate and/or their agents, for themselves and for the vendor/landlord of these properties for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) All information given in relation to these properties is current up until the creation and distribution of this document, (iii) Intending purchasers/tenants should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iv) No person in the employment of ASL Real Estate has any authority to make or give any representation or warranty.

 

By sending an enquiry to ASL Real Estate you agree to be marketed to in the future for similar properties through email alerts/SMS messages. This is at NO COST to you and at any time you wish to cancel your subscription please simply reply STOP.

 

http://www.consumer.vic.gov.au/duediligencechecklist

Read More
Development Approved

418 & 1/420 Nepean Highway Development Site Summary

Property Type
Health/Medical
Sub-type
Child Care
Land Area
1,509 m² (*approx)
Selling method
Private treaty: Contact Agent

Development Site Highlights

SOLD! Permitted Childcare Development Site with Tenant in Place for Sale - Parkdale VIC
  • Shovel Ready Development
  • Tenant in Place
  • $569,500 + GST Annual Rent

Features:

 

Prime Childcare Development Opportunity

 

Impressive Rental Income: Annual rent of $569,500 plus GST with a 3% annual increase.

 

Long-Term Lease: Secure lease terms of 10+10+10 years.

 

Tenant Profile: A highly respected operator with an existing centre in Bon Beach near 100% occupancy, seeking to expand their portfolio and community presence.

 

Size and Capacity: 158-place permitted childcare development site, tenanted by an experienced and reputable operator.

 

Shovel-Ready Project: Includes approved planning permits and building permit in the sale price. Landlord to complete all pre-construction preparations.

 

High Demand Area: There are 1,923 children aged under 5 in the area. This represents a ratio of 3.09 children under 5 per long day care place.

 

Prime Location: Exceptional street frontage on the bustling Nepean Highway, with approximately 54,000 cars passing daily.

  1. 130m to Parkdale Plaza
  2. 600m to Parkdale Train Station
  3. 300m to Parkdale Primary School
  4. 1.8km to Moorabbin Airport
  5. 2.5km to Mentone Grammar School

 

Educational Hub: Located within a thriving school precinct, with 12 schools within 2km hosting a combined 9,396 enrolled students.

 

Proximity to New Developments: Adjacent to the recently completed Topaz Estate, featuring 22 luxury townhouses.

 

Purpose-Built Facility: Plans for a two-storey, purpose-built childcare centre on a 1,509m² site, featuring:

  1. 7 playrooms
  2. Piazza and outdoor play areas
  3. 32 on-site parking spaces

 

This is a rare and exceptional investment opportunity in a high-demand location. Act now to secure this incredible asset!

 

SOLD!

 

Contact Wendy Zhou on 0422 011 188 to receive a copy of the information memorandum.

 

********

 

ASL Real Estate and/or their agents, for themselves and for the vendor/landlord of these properties for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) All information given in relation to these properties is current up until the creation and distribution of this document, (iii) Intending purchasers/tenants should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iv) No person in the employment of ASL Real Estate has any authority to make or give any representation or warranty.

 

By sending an enquiry to ASL Real Estate you agree to be marketed to in the future for similar properties through email alerts/SMS messages. This is at NO COST to you and at any time you wish to cancel your subscription please simply reply STOP.

 

http://www.consumer.vic.gov.au/duediligencechecklist

Read More
Development Approved

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418 & 1/420 Nepean Highway, Parkdale VIC 3195

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Property Location of 418 & 1/420 Nepean Highway, Parkdale VIC 3195

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418 & 1/420 Nepean Highway, Parkdale VIC 3195 Parkdale