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Strategic Childcare Investment Opposite New Primary School

2 Chapelton Road, Cranbourne VIC

Property Highlights

10 year Net Lease + options to 2057
Fixed 3% annual rent increases
2,140 sqm corner site

Description

+ 10 year Net Lease to Bluebird Early Education to 2027 plus options to 2057
+ Desirable 3% annual rent increases
+ Bluebird Early Education: established childcare provider with a network of 15 centres across Queensland and Victoria under both the Pelicans Childcare and Bluebird Early Education Centre brands
+ Modern 848 sqm double-storey child care facility licensed for 129 LDC places
+ Strategic 2,140 sqm corner site opposite Casey Fields Primary School (Opening Term 1, 2020)
+ Net Income: $272,750 pa + GST

For Sale by Auction
12 noon Wednesday 30 October 2019
Crown Casino, Melbourne VIC

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,140 SQM
Building Area
848 SQM

Contact Agents

Adam Thomas

0418 998 971

Contact Me

Natalie Couper

0413 856 983

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