128 Wilsons Road, Newcomb, Vic 3219

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Medical/Consulting
|Land/Development
|Other
Contact Cushman & Wakefield today
Contact Cushman & Wakefield today
Published on: 29 Oct 2024
Last updated on: 30 Oct 2024
128 Wilsons Road, Newcomb, Vic 3219
128 Wilsons Road, Newcomb, Vic 3219
128 Wilsons Road, Newcomb, Vic 3219
+16
128 Wilsons Road, Newcomb, Vic 3219
  • 16
Property ID: 504724436
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Key property information

Land Size
2,262.00 m2
Floor Area
0.00 m2
Tenure Type
vacant

Modern Childcare Centre With 20 Year Lease to National Operator!

128 Wilsons Road, Newcomb, Vic 3219
Cushman & Wakefield are proud to exclusively present for sale 128 Wilsons Road, Newcomb for sale by Expression of Interest closing Thursday 28th November 2024 at 12pm.

- High quality childcare centre which has recently undergone extensive renovations, catering for children 0-5 including a fully funded kindergarten program. 
- Strong annual income of $350,350 per annum plus GST & Outgoings. 
- Sustainable rental of circa $3,850 per place (91 places) ensuring tenant viability and obvious long term rental upside.
- New 20-year net lease in place with options to 2063, tenant responsible for all statutory outgoings (excl land tax).
- Attractive yield available with future proofed returns through fixed rental increases of 2.5% annually.
- Highly exposed location on the corner of Wilson Road & Bellarine Hwy and directly adjacent to the Newcomb Central Shopping Centre.


For Sale by Expression of Interest Closing Thursday 28th November 2024 at 12pm.

*Approx

For more information, contact the Cushman & Wakefield team below. 

Raphael Favas +61 435 916 380
Cameron Zamora +61 482 888 886

Property Details

Basic Info

Property Type
Medical/ConsultingLand/DevelopmentOther
Listing Status
On Market
Land Size
2,262.00 m2
Address
128 Wilsons Road, Newcomb, Vic 3219
Cameron Zamora
Cameron Zamora
Raphael Favas
Raphael Favas
Level 9, 385 Bourke Street, Melbourne, Vic 3000
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Cameron Zamora
Cameron Zamora
Raphael Favas
Raphael Favas
Level 9, 385 Bourke Street, Melbourne, Vic 3000
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      Property ID: 504724436

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