Impressive New Childcare Investment

40 highlander drive, craigieburn vic

Price on Request

  • New 15 Yr Lease to Amiga Montessori
  • Fixed 4% annual rent increases
  • Prominent 2,977 corner site

Property Details

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

Featured Details

Current Tenant Tenanted
Gross Building Area 922 sqm
Land Size 2,977 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002645

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E

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