Secure and Affordable Childcare Investment

2 egret place, whittlesea vic

Price on Request

  • New 15 yr lease + options to 2053
  • Fixed 3% annual rent increases
  • Established business since 2005

Property Details

New 15 year lease to Bright Stars EL to 2033
Two generous 10 year options to 2053
Long established and successful childcare business in operation since 2005
Fixed 3% annual rent increases and to market at option
Purpose built 394 sqm facility licensed for 70 LDC places
Strategic 1,644 sqm child care corner site with exposure to Plenty Road, 250 metres from Whittlesea Primary School and 500 metres from the commercial centre of Whittlesea
High growth location within Melbourne’s booming northern growth corridor and minutes from a number of the nation’s fastest growth suburbs of Doreen, Mernda and South Morang
Net Income: $138,737 pa + GST and outgoings

Auction 11am AEDT Wednesday 28 March 2018
River Room, Crown Casino, Melbourne

Conjunctional Agent
David Knuppel
0412 393 829
childcarebrokers@bigpond.com.au

Featured Details

Current Tenant Tenanted
Gross Building Area 394 sqm
Land Size 1,644 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001921

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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