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Impressive Childcare Investment

415 High Street, LALOR VIC

Property Highlights

New 20 + 10 + 10 yr lease to 2056
ASX listed Childcare provider
Recent $550K refurbishment

Description

New 20 + 10 + 10 year lease to 2056
Managed by Think Childcare Ltd: ASX listed childcare provider with 50 owned and managed centres
Extensively refurbished child care facility, licensed for 91 places
Long established centre with recent $550,000 upgrade including quality hardwood flooring and external play scapes
Tenant paying all usual outgoings
High profile 1,528 sqm corner site with over 77 metre street frontage
Situated within complimentary educational precinct including Peter Lalor College, International School and specialist education facilities
Prominent main road position, 150 metres from Lalor train station and 700 metres from both Coles and Woolworths
Strategic capital growth location within Melbourne’s established and evolving northern suburbs and only 18km from the CBD
Attractive taxation depreciation benefits
Net Income: $284,586 pa

Auction 11am AEST Wednesday 17 May 2017
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1,528 SQM
Building Area
1 SQM

Contact Agents

Adam Thomas

0418 998 971

Contact Me

Natalie Couper

0413 856 983

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