SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

New Childcare Investment

251 Dyson Drive, Alfredton VIC

Property Highlights

New 20 yr lease + opts to 2058

Fixed 3% annual rent increases

Triple Net Lease

Description

New 20 year lease to Beginnings Early Learners to 2038
Two generous 10 year options
Brand new 929 sqm child care facility, licensed for 130 LDC places
Triple net lease with the tenant responsible for all outgoings including: insurance, maintenance, repairs (capital & structural) plus multiple holding land tax
Annual 3% rent increases with ‘ratchet’ provision, ensuring rent cannot reduce
Substantial 3,098 sqm corner with 28 on-site car spaces
Alfredton: adjoins Lucas – Ballarat’s largest master-planned community and within the Ballarat West Growth Zone, expected to create up to 9,000 jobs & inject $5 billion per annum into the Ballarat economy over the next 20 years
Ballarat: Victoria’s largest inland city and currently servicing a trade catchment of circa 400,000+ people
New construction with substantial tax saving depreciation benefits
Net Income: $351,000 p.a. + GST and Outgoings

For Sale by Private Treaty

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
3098 Squaremeter
Gross Building Area
1 Squaremeter

Contact Agents

Adam Thomas

+610 418 998971

Natalie Couper

0413 856 983

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