SOLD
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SOLD

Brand New Childcare Investment

3 Atlantic Drive, PAKENHAM VIC

Property Highlights

New 15 year lease to 2031

National provider with 15 Centres

Fixed 3% rent increases

Description

Brand new 15 year lease to Amiga Montessori to December 2031
Two generous 10 year options to December 2051
Amiga Montessori: highly experienced and successful early education provider with 15 centres currently in operation and growing
Brand new 931 sqm double storey facility, licensed for 120 places
Prominent 2,081 sqm site with 23 car spaces on-title
Fixed 3% annual rent increases
Tenant pays all usual outgoings
Strategic position opposite the Coles anchored Cardinia Lakes SC & Maternal Health Centre & metres from future school and community centre
Cardinia Shire: one of Australia’s largest growth areas with an increase in population of 3,853 (4.4%) in 2014–2015. Source ABS
Net income: $318,725 pa

Auction 11am AEDT Wednesday 22 February 2017
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,081 SQM
Gross Building Area
931 SQM

Contact Agents

Adam Thomas

+610 418 998971

Natalie Couper

0413 856 983

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