89 Morris Road UPWEY VIC
6% ROI with Boutique Childcare Centre with Extensive Waitlist in The Dandenong Ranges
LOCI Real Estate Ferntree Gully is delighted to present 89 Morris Road, Upwey. This property represents an entry level childcare investment, secured by established long term operator “Dandenong Ranges Childcare” and demonstrates strong trading performance with a significant current waiting list.
Opportunity Highlights:
• Licensed 45 place, single level childcare centre
• Strong income profile returning $133,806.60 +GST* with fixed 4.5% annual increases
• Secure long-term lease to 2030 with options to 2040, ensuring stable long-term income (5x5x5 year lease)
• Established local boutique operator that has been in business here for almost 30 years
• Well-presented facility with an assortment of play rooms inside and a large outside play area
• Excellent school catchment – next door to Upwey South Primary School and close to other key primary & secondary schools
• Prime location – within 1km of Upwey main street and close to Eastlink & The Monash Freeway
• Land size is 1,060m2 with a total building area of 276 sqm * plus 8 dedicated carparks
• Rare offering – to be sold via Private Sale
Inspect without delay to fully appreciate all that this fabulous development opportunity has to offer the astute investor. Please note all inspections are by appointmnet only so please call Jarrod Peterson on 0409 408 544 to arrange your private inspection.
LOCI Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
FIXED PRICE – $2,150,000
Property Type
Healthcare