4 Rutherford RoadTecoma VIC 3160
Property Details for 4 Rutherford Rd, Tecoma
Last Listing description (June 2021)
Savills is delighted to offer for sale this incredible child care investment opportunity located at 4 Rutherford Road, Tecoma. This recently refurbished centre benefits from modern improvements and a favourable lease covenant to blue chip ASX listed tenant.
The key attributes of the outstanding investment opportunity include:
- Leased to ASX listed operator - Mayfield Childcare Limited (21 centres state-wide)
- Brand new 10+10+10 year lease from May 2019
- Currently returning $273,000 per annum* + Outgoings & GST
- Fixed annual 3% rental increases
- Licensed for 78 places
- Substantial landholding of 2,779sq m*
- Located within an established residential neighbourhood
- Surrounded by a variety of further education facilities including Tecoma Primary, Upwey Primary School and Upwey High School
*Approx.
For Private Sale
Please contact Savills agents for more information:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Property History for 4 Rutherford Rd, Tecoma, VIC 3160
- 29 Dec 2020Sold for $4,400,000
- 09 Oct 2019Listed for Sale Contact Agent
- 12 Sep 2017Sold for $4,000,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
/assets/perm/5lj5jsp6hii6tnewmn2lzp5ehq?signature=4da901c798d4771c96801593d91b7d299db3b9bb39788ccc600e8eb5399035f9){kind=logo}
0/assets/perm/3x5q6jezoyi6vnbyyhfpbo7bky?signature=0b39b993150ae39af5d57c7b6ad5ad198eb9f6470c458ece11b342b787956b67){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Tecoma 3160
The size of Tecoma is approximately 1.8 square kilometres. It has 6 parks covering nearly 12.4% of total area. The population of Tecoma in 2011 was 2,087 people. By 2016 the population was 2,068 showing a population decline of 0.9% in the area during that time. The predominant age group in Tecoma is 40-49 years. Households in Tecoma are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tecoma work in a professional occupation. In 2011, 81.1% of the homes in Tecoma were owner-occupied compared with 79.6% in 2016.
Tecoma has 1,000 properties. Over the last 5 years, Houses in Tecoma have seen a 27.22% increase in median value, while Units have seen a 35.64% increase. As at 31 October 2024:
- The median value for Houses in Tecoma is $856,170 while the median value for Units is $620,425.
- Houses have a median rent of $425 while Units have a median rent of $350.
Suburb Insights for Tecoma 3160
Market Insights
Tecoma Trends for Houses
N/A
N/A
View TrendN/A
N/A
Tecoma Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
