Stunning Metro Melbourne Childcare Investment
197-199 Newbury Boulevard , CRAIGIEBURN VIC
Description
New 10 year lease to Eclipse Early Education to 2025.
Two further 10 year options to 2045.
Fixed 3% annual rent increases.
Tenant pays all usual outgoings.
State of the art 954 sqm double storey child care facility.
Licensed for 119 Long Day Care (LDC) places.
Prominent 2,477 sqm site with triple street frontage, strategically located opposite brand new $7M
Newbury Community Centre and neighbourhood commercial strip.
Brand new facility with significant tax depreciation benefits.
Eclipse Early Education: successful childcare provider with 3 centres currently in operation (following the sale of 22 centres to G8 Education Ltd between 2012 and 2014), plus a further 20 facilities to be opened by end of 2016.
Rent: $278,375 pa
Also available:
Child care Centre, Lot 1, 100 Fairways Boulevard, Craigieburn.
Auction 11am AEST Wednesday 5 August
River Room, Crown Casino Melbourne
Property Details