Dominant Childcare Investment

15 hutchison terrace, bakewell

Price on Request

  • 15 year lease to Affinity Ed to 2031
  • Affinity: 160 + centres nationally
  • Annual rent increases to CPI + 1%

Property Details

Secure 20 year lease to Affinity Education to 2031
Four further five year options to 2051
Affinity Education Group: highly experienced and successful early education provider with over 160 centres nationally
Further supported by the NT Government’s Early Childhood Services
Subsidy – the only state/territory based subsidy nationally
Strong underlying business (est. 2004) and consistently trading above 95% occupancy, with 0-4 age group 25-30% above the national average
Annual rental increases to CPI + 1%
Tenant pays all usual outgoings
Purpose-built dual facilities licensed for 150 LDC places
Strategic 5,040 sqm corner site (over two titles) adjoining Bakewell
Primary School – the largest primary school in the Northern Territory
Net Income: $277,389 pa + GST

Auction 11am AEDT Wednesday 1 November 2017
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 1047
Land Size 5,040 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001541

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au