Narwee – Rare small window of opportunity for Child Care Operators Only - Freehold Child Care Centre with Development Upside

We are excited to present an unparalleled once in a lifetime childcare investment opportunity for an astute buyer. This is a significant landholding with secure investment and development upside.

Situated within 2 minutes of trains, buses & shops and 30 minutes from the CBD. This asset (with a large number of childcare licences) is exceptionally positioned in a pivotal area, and is now entitled for Low & Midrise housing (6 stories).

A small window is open for childcare investors to purchase this property before it goes to auction, and to purchase the licences separately.

This property also has a 3 bedroom immaculately renovated double brick home, additionally commanding exceptional rental opportunities.

FEATURES:

1. Tenancy: Vacant
2. Potential to take advantage of the State Government Low & Mid Rise Housing Proposal (Potential 6 Storey Development Site)
3. Approx 2400msq Block
4. 46m frontage
5. Registered easement
6. 2 minutes to train, buses & shops
7. 30 min to CBD
8. Easy access to M5 & King Georges Road
9. Close to Primary schools

The site area is approximately 2,400m2 with a frontage in excess of 46m.

Price: By Negotiation.

Location: Approximately 200m from Narwee Train Station

Land Area: 2,400m2 (approx).

Large number of licensed places available to purchase

Previous occupancy: 85% – 90% (approx).

Category of care: Long Day Care.

This is a never to be repeated opportunity.

For further details, please contact Gavin Sharp on 0411 725 812 or gavin@robertsharp.com.au for a confidential discussion.

Property ID: 1345499