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
Occupancy Type
Childcare
Land Size
2,392 SQM
Gross Building Area
776 SQM

Contact Agents

Adam Thomas

0418 998 971

Natalie Couper

0413 856 983

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