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Brand New Childcare Investment

26 Olympic Avenue, Mount Clear VIC

Property Highlights

New 20 yr lease + options to 2067

National provider with 30+ centres

Fixed 3% annual increases

Description

Brand new 20 year lease to 2037, plus 3 x 10 year options to 2067
Bluebird Early Education: part of Oxanda Education – national provider with 30 centres in operation plus a further 12 to open by end of 2017
Fixed 3% increases plus market reviews every 10 years
Tenant pays all usual outgoings including land tax
Brand new 860 sqm facility, licensed for 126 LDC places
Large 2,805 sqm corner site with 27 on-site car spaces
Strategic location 450 metres from four schools and only 3 km from the Ballarat CBD
Net Income: $240,654 pa

Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,805 SQM
Gross Building Area
860 SQM

Contact Agents

Adam Thomas

0418 998 971

Natalie Couper

0413 856 983

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