Brand New Childcare Investment

35-45 errol boulevard, mickleham vic

Price on Request

  • New 15 yr lease + opts to 2063
  • Fixed 4% annual rent increases
  • Vic's largest master planned community

Property Details

Located at Merrifield – Victoria’s largest master-planned community consisting of 900ha* including a city centre, 6,000+ homes and 20,000+ jobs.
New 15 year lease to Kool Kidz to 2033 + options to 2063.
Kool Kidz: highly successful early education provider with 12 centres across Victoria and Malaysia.
Highly desirable 4% annual rent increases plus market review at options.
Brand new purpose-built child care facility, licensed for 168 LDC places.
Strategic 4,399 sqm corner site metres from three future schools.
Mickleham: one the state’s largest and fastest growth areas with a 9.3% increase in population from 2015-16 (Source: ABS).
Significant income tax saving depreciation benefits.
Income: $369,600 pa + GST and outgoings.

For Sale by Expressions of Interest
Closing 4pm Tuesday 17 April 2018

Featured Details

Current Tenant Tenanted
Gross Building Area 1116 sqm
Land Size 4,399 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001949

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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