Impressive Childcare Investment in High Growth Location
688 Bellarine Highway , Leopold VIC
Property Highlights
15 year net lease + options to 2054
Fixed 4% annual rent increases
Prominent 2,392 sqm main road site
Description
+ Sought-after 15 year net lease with 4 further 5 year options
+ Fixed 4% annual rent increases
+ Significant depreciation benefits
+ Leopold Early Learning: industry leading early education provider with 4 further centres
+ Impressive 776 sqm child care facility, licensed for 114 LDC places
+ Prominent 2,392 sqm main road site with favourable mixed use zoning
+ Located only 200 metres from Coles and K-mart – anchored shopping centre, 500 metres from Leopold Primary School and 7 km south east from the Geelong CBD
+ Net Income: $295,645 pa + GST and Outgoings
For Sale by Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne
Property Details
Listing
Sale
Current Tenant
Tenanted
Land Size
2,392 SQM
Building Area
776 SQM