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Impressive New Childcare Investment

40 Highlander Drive, Craigieburn VIC

Property Highlights

New 15 Yr Lease to Amiga Montessori

Fixed 4% annual rent increases

Prominent 2,977 corner site

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

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,977 SQM
Gross Building Area
922 SQM

Contact Agents

Adam Thomas

+610 418 998971

Natalie Couper

0413 856 983

Zomart He

+610 488 220830

Request Information

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