Log In/Sign Up
Your email has been sent.
57 McCormicks Rd 9,957 SF Retail Building Carrum Downs, VIC 3201 For Sale
Investment Highlights
- Long-term 15-year net lease to Birches Early Learning Centres with fixed 3% annual rent increases and options extending to 2058
- Strong underlying demand supported by surrounding schools, population growth and expanding residential catchment
- Substantial 2,023 sqm GRZ landholding* improved by a high-quality double-storey centre with on-site parking
- Long-term 15-year net lease to Birches Early Learning Centres with fixed 3% annual rent increases and options extending to 2058
Executive Summary
Birches Early Learning Centre, Carrum Downs, presents a secure, long-term childcare investment underpinned by a 15-year net lease to an established operator, with fixed annual rental growth and further options through to 2058. The modern, purpose-built double-storey facility was completed in 2023 and sits on a sizeable General Residential Zoned landholding within a fast-growing south-eastern Melbourne catchment. Strong tenant covenant, long WALE and proven childcare fundamentals combine to deliver a defensive, high-performing asset.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
9,957 SF
Building Class
C
Tenancy
Single
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.50 AC
Parking
21 Spaces (2.11 Spaces per 1,000 SF Leased)
Frontage
72’ on McCormicks Road
Amenities
- Air Conditioning
Contacts
-
Rorey James -
Michael Collins -
Kevin Tong -
Max Sinclair -
Stonebridge Property Group
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
57 McCormicks Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.