Geelong’s Finest Childcare Centre
215 Aberdeen Street , Newtown VIC
Property Highlights
Description
New 14 year 11 months net lease to Federation Children
Annual 3% rent increases
Two further 14 year 11 month options to 2063
Federation Children: established and successful childcare provider with 8 further centres under both the Community Children and United Children brands
Stunning 1,031 sqm double-storey child care facility licensed for 132 LDC places
Tenant pays all outgoings excluding land tax
Prominent 2,846 sqm corner site in Geelong’s most affluent suburb and directly opposite the exclusive Geelong College
Greater Geelong: current resident population of 251,540 with forecast growth of 29% to 325,779 by 2036 (source: profile.id)
New construction with significant income tax saving depreciation benefits
Net Income: $388,865 pa + GST and Outgoings
For Sale by Private Treaty
Property Details