PREMIUM CHILDCARE INVESTMENT - LONG LEASE TO 2032 PLUS OPTIONS TO 2042

Vinci Carbone are pleased to present this premium purpose built childcare centre located within one of Melbourne’s most popular growth corridors. 

A highly desirable investment opportunity secured by Kool Kidz Early Learning Centre with a long lease to 2032 plus options to 2042 with fixed annual increases of 3%, providing excellent rental growth.

Key investment highlights:

• Long lease to 2032 plus options to 2042
• Substantial land area of 3,101 sqm* with a 30 metre* frontage
• Net rental of $303,887 pa* (representing a rate of circa $2,300 per place)
• Fixed annual increases of 3% providing excellent rental growth
• Service approval for 130 LDC places
• Modern purpose built childcare centre of 950 sqm* with 24 car spaces 

This investment provides underlying future potential rental upside in a sector that is absolutely thriving. 

The immediate area is well serviced by public transport with Merinda Park Train Station less than 1.7 kilometres to the subject property and bus services operating along Thompsons Road.  Marriott Waters Shopping Centre is also within close proximity which is anchored by 3 major tenants, Woolworths, Aldi and Dan Murphy’s plus over 30 specialty stores.

For Sale by Expressions of Interest closing Thursday 24 March 2022 at 4pm

*approx.