Impressive New Childcare Investment
40 Highlander Drive , Craigieburn VIC
Property Highlights
Description
New 15 + 15 year lease to Amiga Montessori to 2048
Annual 4% rental increases with market review at option
Amiga Montessori: highly successful early education child care provider with a further 16 centres across Melbourne and Adelaide
Prominent 2,977 sqm corner position within Melbourne’s booming Northern Growth Corridor
Tenant pays all usual outgoings excluding land tax
New 922 sqm purpose-built childcare facility licensed for 142 LDC places and finished to an exceptionally high standard
New construction with substantial taxation saving benefits
Craigieburn: one of Australia’s largest growth areas with a 12.7% increase in population from 2016-17 (source ABS)
Net Income: $398,895 pa + GST and Outgoings
For Sale by Expressions of Interest
Closing 4pm Thursday 7 March 2019 – Unless Sold Prior
Property Details