Established Childcare Investment in Key Growth Area Leased to National Provider

58 st arnaud road, eynesbury vic

Price on Request

  • 10 year net lease + options to 2046
  • Fixed 3% rent increases
  • Portfolio of 2 Childcare Investments

Property Details

Secure 10 + 10 + 10 year net lease to Eclipse Early Education Group
Strong trading business recently acquired by the highly successful Oxanda Education – a network of 13 further centres across the eastern seaboard under both the Bluebird ELC and Little Giants brands
Desirable fixed 3% annual rental increase plus market reviews at options
Tenant pays all usual outgoings excluding land tax
Modern 882 sqm child care facility, licensed for 111 LDC places
Strategic 2,647 sqm corner site opposite Eynesbury Station P–6 School (opening 2021) and 400 metres from future Town Centre
High-growth location 40km west from Melbourne’s CBD and already home to over 2,500 households
Current Net Income: $275,245 pa + GST & Outgoings
April 2019 Net Income: $397,200 pa + GST & Outgoings

Expressions of Interest closing Friday 21 September at 4pm

Also available for sale within the Portfolio:
148-156 Jetty Road Curlewis VIC
Click Here: https://bit.ly/2PgvFft

Featured Details

Current Tenant Tenanted
Gross Building Area 882 sqm
Land Size 2,647 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002467

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

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