Award Winning Cafe/Play Centre With 4 Locations | Long 10 Year Lease to 2033 Plus Options

Description

Burgess Rawson are delighted to present to market the Cuto Kids Cafe at 9/160 Whitehorse Road, Blackburn VIC for Private Sale.

This investment has the following key highlights:

+ Long 10 year lease to October 2033 plus options to 2043.
+ Cuto Kids Cafe: award winning cafe and play centre with 4 locations across VIC and NSW.
+ Premium party and event venue for kids and parents.
+ Substantial 319sqm* premises with brand new ‘capital intensive’ fit-out and 2 car spaces on title.
+ Fixed annual 3% rent increases.
+ Calculated location, surrounded by 30 childcare providers within 3km and 9 schools servicing over 8,000 students within 2.5km. (1)
+ New construction offering significant depreciation benefits.
+ Perfectly positioned within the award winning Pace Group’s Pace of Blackburn development, incorporating 289 apartments (100% sold), and 17 supporting retail users (100% leased/committed) including Supermarket, Jellis Craig, Uniting, UBX Boxing + Strength, Talon’s Nail Salon and more.
+ Pace of Blackburn, delivered by Pace Development Group who have delivered more than 100 projects across Melbourne.
+ Tenant pays all usual outgoings.
+ 3 month security deposit and personal guarantee.
+ Only 500m* from Blackburn Train Station and 2km* from the Eastern Freeway.
+ Whitehorse Road: major eastern suburbs arterial with an average of 37,000 vehicles passing daily. (1)
+ Blackburn: affluent metro Melbourne suburb, with a median house price of $1,625,000 and growth of 6.3% in 12 months. (2)
+ Income: $127,600 pa* + GST.

To be Sold via Private Sale.

*Approx
(1) GapMaps
(2) Realestate.com.au

Enquire

Contact agents
Shaun Venables Partner
0411 860 865
Romanor Falconer Sales Executive
0413 830 808
David Napoleone Senior Sales Executive
0417 308 067
Zomart He 何梓轩 Partner
0488 220 830
Enquiry Form

Blackburn, VIC

9/ 166 Whitehorse Road

For Sale by Expression of Interest

This property is part of Portfolio 169

Price: Contact Agent

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