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Brand New Childcare Investment

33 James Melrose Drive, Brookfield VIC

Property Highlights

Successful national provider

3% annual rent increases

Secure 10 + 10 + 10 yr lease to 2045

Description

Secure 10 year lease to Eclipse to 2025
Two further 10 year options to 2045
Eclipse Early Education: highly successful childcare provider with 11 centres currently in operation along with a further 11 facilities scheduled to open in 2017
Attractive 3% fixed annual rental increases
As new 859 sqm purpose-built child care facility, licensed for 96 LDC places
Tenant pays all usual outgoings
Prominent 2,895 sqm site only 600 metres from Melton Railway Station and 2km from the Woodgrove Shopping Centre (Aldi, Coles, Woolworths and 160+ specialties)
Melton: high-growth and established location only 35km north-west from Melbourne’s CBD
Net Income: $252,069 pa + GST

Auction 11am AEST Wednesday 17 May 2017
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,895 SQM
Gross Building Area
859 SQM

Contact Agents

Adam Thomas

+610 418 998971

Natalie Couper

+610 413 856983

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