STUNNING CHILDCARE INVESTMENT | NEW 15 YEAR NET LEASE

NEW 15 YEAR NET LEASE + OPTS TO 2057
ATTRACTIVE 3.5% ANNUAL RENT INCREASES 
TENANT PAYS LAND TAX

• 15 year net lease to Advance Childcare to 2037.
• Two further 10 year options to 2057.
• Advance Childcare: experienced boutique operator with multiple Melbourne metro locations.
• Annual 3.5% rent increases plus ratchet provisions at market review, guaranteeing rental growth.
• Tenant pays all outgoings including land tax.
• Premium multi-level child care centre, with service approval for 132 LDC places.
• Prime position with close proximity to 8 complementary educational facilities within a 2 kilometre radius.
• Substantial 2,659 sqm main road corner site, with exposure to 22,000 plus vehicles passing daily and located only 16 Kilometres from the Melbourne CBD.
• Situated metres from Greensborough Highway and with ease of access of Plenty Road, a major arterial connecting the CBD to the north eastern suburbs.
• Brand new construction with significant depreciation benefits.
• Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
• Net Income: $530,222 pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 23 February 2022

In conjunction with Burgess Rawson

*Mitchell Institute, Australian Investment in Education: Early Learning.