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Brand New Childcare Investment in Melbourne’s Booming North

335 Harvest Home Road , Epping VIC

Property Highlights

Long 15 + 10 + 10 year Net Lease
Fixed 3% annual rent increases
Significant depreciation benefits
Register to Bid

Description

+15 year net lease to Aspire Early Education to 2037
+Two further 10 year options to 2057
+Aspire Early Education & Kindergarten: highly experienced operator with a growing network of 11 locations
+Fixed 3% annual rent increases
+Tenant pays all usual outgoings
+State-of-the-art 925qm child care centre, approved for 140 LDC places
+1,975sqm high profile corner site, metres from Harvest Home Primary School (800 students)
+Strategic position adjoining King Swim / YMCA and within metres from Hungry Jacks, Shell & Aurora Village Shopping Centre underpinned by Coles and Aldi Supermarkets
+Located within the rapidly evolving 630ha Aurora master planned community – future home to 25,000+ residents
+Brand new building with significant depreciation benefits
+Epping: booming Melbourne growth suburb, 18 kilometres north from the CBD with population forecast to grow by 46% by 2041*
+Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year**
+Net Income: $438,220 + GST

For Sale by Private Treaty

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1,975 SQM
Building Area
925 SQM

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