Long Established and Successful Childcare Investment

29 mccormicks road, carrum downs vic

Price on Request

  • Renewed lease to 2022 + opts to 2052
  • Fixed 3% annual rent increases
  • Planning approval to expand to 86 plc

Property Details

Lease to Clever Kids to 2022 plus options to 2052
Long established and multi-centre childcare provider with high occupancy and a further centre in Doncaster East
Tenant pays all usual outgoings
Modern 450 sqm purpose-built child care facility licensed for 70 LDC places
Planning approval to expand to 86 places, with a pro rata rent increase
Fixed 3% annual rent increases and to market at option
Substantial 2,023 sqm main road site only 100 metres from the junction with Ballarto Road and the Coles-anchored Carrum Plaza
Strategic location servicing an established residential catchment along with the surrounding suburbs of Patterson Lakes and Skye
Net Income: $161,290 pa + GST and Outgoings

For Sale by Expressions of Interest
Closing 4pm Monday 25 June 2018 unless Sold Prior

Featured Details

Current Tenant Tenanted
Gross Building Area 450 sqm
Land Size 2,023 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002133

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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