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Brand New Childcare Investment

163 Greens Road, Wyndham Vale VIC

Property Highlights

New 15 year lease to 2031
National provider with 15 centres
Fixed 3% rent increases

Description

Brand new 15 year lease to Amiga Montessori to 2032
Two generous 10 year options to 2052
Amiga Montessori: highly experienced and successful child care provider with 15 centres currently and growing
Brand new 819 sqm facility, licensed for 137 places
Prominent 2,880 sqm site with 30 car spaces on-title
Fixed 3% annual rent increases / tenant pays all usual outgoings
High demand location with 50% enrolments prior to opening
Located 150 metres from the Aldi & Woolworths anchored Wyndham Vale Square Shopping Centre & only 1.4km from Wyndham Vale train station
Wyndham City: one of the largest growth areas in Australia and expected to grow by a further 377,000 residents and an additional 164,000 jobs over the next 30 years
Net income: $389,185 pa + GST

Auction 11am AEST Wednesday 5 April 2017
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,880 SQM
Building Area
819 SQM

Contact Agents

Adam Thomas

+610 418 998971

Contact Me

Natalie Couper

+610 413 856983

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