Blue Chip National Operator | High Demand Area in Thriving West

Description

Burgess Rawson is pleased to offer to the market, 11 Bensonhurst Parade, Point Cook VIC, for sale via Expressions of Interest campaign closing 4:00pm (AEST) Thursday 15 August 2024.

This opportunity has the following key investment highlights:
+14-year net lease to Guardian Childcare and Education to 2032
+ One further 11-year option to 2043
+ Guardian Childcare: leading early education provider, with a network of 152 locations servicing more than 10,000 children per day.
+ Attractive fixed 3% annual rent increases.
+ Tenant pays all usual outgoings.
+ Impressive purpose-built centre, licensed for 145 LDC places, rated as ‘Exceeding’ under the National Quality Standards (NQS)
+ Established and successful centre in operation since 2018
+ Located within a significant schooling precinct, with 13 primary and secondary schools within a 3km radius servicing 12,326 full-time students.
+ Substantial 2,870sqm* corner site, metres from Sneydes Road and within close proximity to three shopping centres.
+ Prominently positioned with direct access to Princes freeway, a major arterial link between Melbourne and West-bound regional centres servicing 77,000+ vehicles daily.
+ City of Wyndham: a family-centric Community where 76% of the population consists of families with children.
+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families^^^.
+ Net Income: $508,238 pa + GST*

For Sale via Expressions of Interest
Closing 4:00pm (AEST) Thursday 15 August 2024

Please contact the exclusively appointed Burgess Rawson childcare team for more information.

* Approx.

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Contact agents
Natalie Couper Partner
0413 856 983
Justin Kramersh Senior Sales Associate
0460 349 605
Enquiry Form

Point Cook, VIC

11 Bensonhurst Parade

For Sale by Expression of Interest

This property is part of Portfolio 170

Price: Contact Agent

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