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Impressive Childcare Investment leased to ASX Listed Tenant

187 Canterbury Road, Bayswater North VIC

Property Highlights

New 20 + 10 + 10 yr net lease to 2059
Think: ASX listed with 78 centres
Large 2,158 sqm main road site

Description

+ Secure 20 year Net Lease to Think Childcare to 2039.
+ Two further 10 year options to 2059.
+ Think Childcare: ASX listed early education provider with a network of 78 centres nationally.
+ As new 738 sqm child care facility licensed for 99 LDC places.
+ Annual rent reviews plus market reviews.
+ Large 2,158 sqm main road site with exposure to Canterbury Road.
+ New construction with substantial taxation depreciation benefits.
+ Strategic position within employment precinct, opposite Officeworks and only 200 metres from Bunnings.
+ Net Income $358,709 pa

Auction 11am AEDT Wednesday 26 February
Crown Casino, Melbourne, VIC

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,158 SQM
Building Area
737 SQM

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