New Strong Trading Childcare Investment

528 eureka street, ballarat central vic

Price on Request

  • New 15 yr lease to Village Early Ed
  • Fixed 3% rent increases
  • Ballarat: VIC's largest inland city

Property Details

New 15 year lease to Village Early Education to 2033
Two generous 10 year options to 2053
Fixed 3% annual rent increases
Village Early Education: experienced early education child care provider with a current network of four centres across Victoria and growing
Purpose-built 748 sqm double-storey childcare facility licensed for 92 LDC places
Tenant pays all outgoings, excluding land tax
Central 1,616 sqm site located only 2km east from the Ballarat CBD
Ballarat: Victoria’s largest inland City and the ‘Capital’ of Western Victoria, servicing a trade catchment of circa 400,000+ residents and one of Australia’s fastest growing regional centres
New construction with substantial taxation saving depreciation
Net Income: $228,392 pa + GST and Outgoingss

Auction 11am AEDT Wednesday 12 December 2018
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 748 sqm
Land Size 1,616 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002571

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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