Affordable Childcare Investment | Leased to ASX-listed Tenant
29-33 Unitt Street, Melton VIC
Property Highlights
Description
+ Net lease to Mayfield Childcare Limited to 2025 plus options to 2040
+ Mayfield Childcare Limited: ASX listed (ASX:MFD) operator with 21 centres
+ Long established business in a high-growth location
+ Tenant pays all outgoings including land tax
+ Purpose-built child care centre licensed for 71 LDC places
+ Substantial 1,227 sqm site with sought-after Commercial 1 zoning
+ Ideally positioned opposite two primary schools, metres from High St, and only 35km from Melbourne CBD
+ City of Melton: One of the fastest growing municipalities in Australia, home to 172,714 people, supporting 31,024 jobs and has an annual economic output of $7.751 billion
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year
+ Net Income: $155,000 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 9 December
In conjunction with Childcare Sales Victoria
David Knuppel
0412 393 829
Property Details