Outstanding Childcare Investment
4 Millview Drive , OAKDOWNS TAS
Description
New 10 year lease plus options to experienced national child care provider.
Minimum 3% annual rent increases.
Impressive 534 sqm purpose built facility, constructed 2007.
Substantial 2,500 sqm land holding.
Currently licensed for 70 LDC places, with the potential to increase capacity.
Tenant pays all outgoings including Land Tax.
Established and successful business with excellent occupancy history.
Significant tax saving depreciation.
Oakdowns: New growth suburb 10km east from Hobart CBD and part of the South Arm Highway growth corridor.
Rent: $140,000 pa.
Interstate and local bidding by prior arrangement.
Auction 11am AEDT Wednesday 25 February.
River Room, Crown Casino, Melbourne.
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,500 SQM
Building Area
534 SQM