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SOLD - 10 Ewing Drive, Romsey VIC

The property comprises a well maintained purpose built, single level child care centre situated on a large parcel of land. The building features two main childcare rooms, children and staff amenities, staff room, reception/office area, kitchen, and laundry. The building is equipped with ducted heating/air-conditioning throughout. Externally, the large rear yard provides for a covered and secured play area. The property offers access via two crossovers to a concrete sealed carpark providing parking for approximately 10 cars.

Colliers International :: Presents the Clever Investments Portfolio

10 Ewing Drive

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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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