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PROPERTY DETAILS
  • Auction

    12th May at 12:30pm
  • Price

    Contact Agent
  • Property Type

    Retail
  • Building Area

    896m2
  • Car Spaces

    0

40 Mainview Boulevard, Truganina

BRAND NEW CHILDCARE INVESTMENT | 14 YEAR NET LEASE TO 2035

Portfolio Auction: Wednesday 12 May 2021 at Crown Casino commencing 10:30am.

- 14 year net lease to One Early Education Group to 2035
- Three further ten year options to 2065
- One Early Education Group: highly regarded and experienced operator with a network of 7 Melbourne centres
- Tenant pays all usual outgoings
- Fixed 3% annual rent increases
- Impressive 896 sqm purpose-built early education child care centre for 110 LDC places
- Strategic 2,100 sqm site metres from St Clare’s Primary School, Doherty’s Creek P-9 College and Truganina East Maternal & Child Health centre
- Wyndham City: one of Australia’s largest growth areas, with forecast population of 512,591 (70% increase) residents by 2041
- Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding of $10.5 billion in the 2019/20 financial year
- Significant depreciation benefits
- Net Income: $294,775pa + GST and Outgoings

Please call for further information.

In conjunction with Burgess Rawson.

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