Blue Chip Childcare Investment | 10 Year Net Lease to ASX-Listed Tenant

+ Secure 10 year net lease to Evolve Education to 2029
+ Two further 10 year options to 2049
+ Evolve (EVO): leading childcare provider with 127 centres across Australia & New Zealand
+ Desirable 3% annual rent increases
+ Tenant pays all usual outgoings
+ Established child care facility licensed for 81 LDC places, with strong occupancy history
+ Prime 1,300sqm site within one of Melbourne’s most exclusive residential and educational precincts
+ Located metres from both Glen Huntly train station and commercial centre, Woolworths, and only 10 kilometres from Melbourne’s CBD
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and state Governments providing record funding of $10.5 billion to the sector in the 2019/20 financial year
+ Net Income: $303,955 pa (October 2021) + GST

+ ??10?????Evole Education?2029?
+ ??10????2049?
+ Evolve????: ????????????127???????
+ ??3%?????
+ ????????
+ ?????????81???
+ ???????????1300????
+ ????Glen Huntly????Woolworths ????10?????????
+ ??????????????????????2020?????????$105?????????
+ ???: $303,955?? (2021???) + ? + ??

For Sale by Investment Portfolio Auction
Wednesday 23 June 2021
Crown Casino, Melbourne
Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane