188 Tucker RoadBentleigh VIC 3204
Property Details for 188 Tucker Rd, Bentleigh
Last Listing description (September 2021)
CBRE Victorian Health, Aged & Child Care are delighted to present for sale of 188 Tucker Road Bentleigh. A purpose built child care centre and premium investment opportunity in one of Melbourne's key future growth suburbs, with strong underlying land value growth and outstanding demographics.
Key attributes of this outstanding property include:
+ Leased to Buckets Early Learning Centre, with three premium Victorian locations
+ Tenant rated "Exceeding" in the national quality standard in child care services
+ Substantial passing income of $648,000pa* + GST
+ Significant depreciation benefits circa $1,000,000 in the first 5 years
+ Permit for 144 long day care places underpinned by a well exposed corner landholding of 1,310sqm*
+ Newly constructed building of 1,165sqm* with 870sqm* basement car parking for 28 cars
+ Within close proximity to three prominent Primary Schools, a top 10 Victorian State School and Our Lady of the Sacred Heart College, all acting as feeders for child care
+ Located in the heart of one of Melbourne's largest, inner metropolitan, affluent family growth corridors
FOR MORE INFORMATION PLEASE CONTACT THE EXCLUSIVE SALES AND MARKETING AGENTS:
JOSH TWELFTREE
+61 452 524 985 josh.twelftree@cbre.com.au
SANDRO PELUSO
+61 418 389 757 sandro.peluso@cbre.com.au
JIMMY TAT
+61 439 399 118 jimmy.tat@cbre.com.au
*approx
Property History for 188 Tucker Rd, Bentleigh, VIC 3204
- 02 Sep 2021Listed for Sale SOLD - $11,781,818
- 13 Sep 2018Sold for $11,781,818
- 03 Aug 2018Listed for Sale By Negotiation
Recent sales nearby
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About Bentleigh 3204
The size of Bentleigh is approximately 4.7 square kilometres. It has 6 parks covering nearly 3.8% of total area. The population of Bentleigh in 2016 was 16153 people. By 2021 the population was 17921 showing a population growth of 11.0% in the area during that time. The predominant age group in Bentleigh is 40-49 years. Households in Bentleigh are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bentleigh work in a professional occupation.In 2021, 69.30% of the homes in Bentleigh were owner-occupied compared with 70.50% in 2016.
Bentleigh has 9,483 properties. Over the last 5 years, Houses in Bentleigh have seen a -0.77% decrease in median value, while Units have seen a 6.50% increase. As at 31 March 2026:
- The median value for Houses in Bentleigh is $1,714,449 while the median value for Units is $805,216.
- Houses have a median rent of $850 while Units have a median rent of $650.
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