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Geelong’s Finest Childcare Centre

215 Aberdeen Street, Newtown VIC

Property Highlights

New 14 year 11 months lease to 2033

Fixed 3% annual rent increases

2,846 sqm site opp Geelong College

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

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2846 Squaremeter
Gross Building Area
1031 Squaremeter

Contact Agents

Adam Thomas

+610 418 998971

Natalie Couper

0413 856 983

Zomart He

+610 488 220830

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