Highly Sought-After Childcare Investment
8 Parliament Street , Point Cook VIC
Property Highlights
Description
Secure 15 year lease to Sparrow Early Learning to 2029
One further 10 year option to 2039
Sparrow Early Learning: experienced and successful early education provider with 30 centres nationally
Desirable 4% annual rent increases
As new 850 sqm purpose built facility, licensed for 114 places
Prominent 2,383 sqm corner site with dual street frontage of 108 metres
Strategically located only 1.7km from the Coles and kmart anchored Sanctuary Lakes Shopping Centre and 25km from the Melbourne CBD
Wyndham City: one of the largest growth areas in Australia and expected to grow by a further 377,000 residents with an additional 164,000 jobs over the next 30 years
Net Income: $319,486 pa
Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne
Property Details