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Brand New Childcare Investment – 20 Year Lease to Premium Provider

384-386 Midland Highway, White Hills VIC

Property Highlights

20 year net lease to Amiga Montessori
Fixed annual rent increases
Prominent 4,046 sqm main road site

Description

+ New 20 year Net Lease to Amiga Montessori to 2039
+ Two further 10 year options to 2059
+ Amiga Montessori: high-end early education provider with a further 14 centres across Melbourne and Adelaide
+ Fixed annual rent increases
+ Brand new 829 sqm child care facility, licensed for 120 LDC places
+ Substantial 4,046 sqm corner site opposite Weeroona College and 2km from the Bendigo CBD
+ New construction with significant taxation depreciation benefits
+ City of Greater Bendigo: Victoria’s largest inland city with a current population of 121,349 and forecast to grow to over 155,000 by 2036
+ Net Income: $291,225 pa + GST

Auction 11am AEDT Wednesday 26 February
Crown Casino, Melbourne, VIC

In conjunction with Childcare Sales Victoria
David Knuppel
0412 393 829
childcarebrokers@bigpond.com.au

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
4,046 SQM
Building Area
829 SQM

Contact Agents

Adam Thomas

0418 998 971

Contact Me

Natalie Couper

0413 856 983

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