March 01, 2019

An Investment Worth Reading About

FOR SALE BY EXPRESSIONS OF INTEREST
Closing Thursday, April 11 at 3:00pm

Units 2 & 3/47 Wangara Road, Cheltenham

Located in the heart of the ever-popular Bayside Business District, 2&3/47 Wangara Road, Cheltenham is being offered to the market by Nichols Crowder via an EOI campaign closing on Thursday, April 11 at 3:00pm.

Featuring a large warehouse, extensive office facilities, high roller doors, and rooftop solar panels, the brand new building of approximately 1,472sqm is currently leased out for $177,000 per annum.

Leased to learning resources company Hawker Brownlow Education (owned by US-based education and training firm Solution Tree) until December 2024, and with options through December 2030, the property makes an ideal long-term investment.

James Glen, Senior Sales and Leasing Executive, explains that Solution Tree acquired Hawker Brownlow Education to push into the Asian Market.

“As a leading provider of education materials for teachers, parents and other educators, Hawker Brownlow Education has recently gained new clients in Hong Kong and Singapore,” says Mr Glen. 

“This expansion is in line with Solution Tree’s long-term strategic vision, adding to the attractiveness of the property as a premium investment,” he adds.

Inspect by appointment. 

NB: All areas and measurements are approximate.  All prices are plus GST, unless otherwise stated.  All email requests are required to have telephone numbers if to be responded to.

For further details, please contact:

James Glen
0420 406 660
jamesg@nicholscrowder.com.au