Elles Belles Early Learning, 730-734 North Road, Ormond, Vic 3204

Stonebridge is pleased to present Elles Belles Early Learning Ormond (Melbourne) for Immediate Sale.

The key highlights of the opportunity include:

   -  15 year net lease to 2037 plus 2 further 10 year options to 2057 with the greater of CPI or 3% increases

   -  Elles Belles Early Learning – strong trading, boutique early learning provider with a further established centre located in Cheltenham

   -  Ideally located 1,014 sqm* Neighbourhood Residential zoned site with 28m* of frontage to North Road (37,000 passing vehicles daily^)

   -  Purpose built, double storey childcare facility completed in 2022 licensed for 94 LDC places

   -  Located 12km* from the Melbourne CBD in the affluent suburb of Ormond which boasts a median house price of $1.8 million^^

   -  Strong residential catchment with 30 schools within a 3km* radius of the property including McKinnon and Bentleigh Secondary Schools

   -  Net Income $464,130 pa* + GST with Tenant paying all usual outgoings including Land Tax

To obtain further information, or arrange an inspection please contact the exclusive selling agents, Stonebridge Property Group.

Rorey James
0439 400 081

Kevin Tong
0422 848 818  

  *Approximately
^VIC Roads
^^REIV

Property Code: 1154