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SOLD - 22-24 View Street Croydon VIC

The property comprises two refurbished dwellings featuring three main playrooms, reception/office area, staff room, kitchen, children and staff amenities, store room and baby change area. The building is serviced with ducted heating and wall mounted split air conditioning systems throughout. Externally, the large rear yard provides for a covered and secured play area. The northern alignment of the site comprises a 10 vehicle car park and circular drive way.

Colliers International :: Presents the Clever Investments Portfolio

22-24 View Street

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Address Date Net Rental Pa Sale Price Yield
Templestowe Road Bulleen, VIC November, 2009 $99,976 $1,410,000 7.09%
A 15 year old childcare centre sold subject to a 15 year lease which commenced in 2006.
Moate, Langwarrin, VIC February, 2009 $77,275 $1,010,000 7.65%
A 60 place 2 year old purpose built childcare situated on a corner site. Leased on a 10+10+10+10 year lease which commenced in March 2007.
Verdun Drive, Narre Warren, VIC December, 2008 $168,000 $2,100,000 8.00%
A 120 place purpose built childcare centre constructed in 2006. The site adjoins Don Bosco Primary School. The lease commenced in June 2006 for 10 years.
Huntingdale Road, Chadstone, VIC October, 2008 $135,000 $1,800,000 7.50%
A 90 place childcare centre sold subject to a 10 year lease which commenced in October 2007, with a further 10 year option.
Canterbury Road, Box Hill, VIC July, 2008 $212,452 $2,818,000 7.54%
A 133 place childcare centre sold subject to a 10 year leasen having commenced in June 2007, with a 5x5 year option.

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