SOLD
14 Alpina Street, Frankston North, VIC 3200
Highly Successful National Childcare Provider
New 15 year lease to Amiga Montessori to 2031
Two generous 10 year options to 2051
Amiga Montessori: highly experienced and successful childcare provider with 15 centres currently and growing
New 759 sqm child care facility, licensed for 138 places
Prominent 3,126 sqm corner site with 30 car spaces
Fixed 3% annual rent increases / Tenant pays all usual outgoings
Strategically positioned adjoining new residential development, located 250 metres from Aldercourt Primary School and 700 metres from the junction with Frankston-Dandenong Road
Frankston City: located 40km south from Melbourne’s CBD and the gateway to the Mornington Peninsula
Net income: $317,825 pa + GST
Auction 11am AEST Wednesday 17 May 2017
River Room, Crown Casino, Melbourne
Two generous 10 year options to 2051
Amiga Montessori: highly experienced and successful childcare provider with 15 centres currently and growing
New 759 sqm child care facility, licensed for 138 places
Prominent 3,126 sqm corner site with 30 car spaces
Fixed 3% annual rent increases / Tenant pays all usual outgoings
Strategically positioned adjoining new residential development, located 250 metres from Aldercourt Primary School and 700 metres from the junction with Frankston-Dandenong Road
Frankston City: located 40km south from Melbourne’s CBD and the gateway to the Mornington Peninsula
Net income: $317,825 pa + GST
Auction 11am AEST Wednesday 17 May 2017
River Room, Crown Casino, Melbourne
Property Info
Municipality
Frankston North
AUCTION
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Burgess Rawson Melbourne Melbourne
Level 7, 140 Bourke Street
Melbourne, VIC 3000
Tel: 03 9613 0400
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NEARBY PROPERTIES
Adam Thomas
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