Childcare Investment in High-Growth Location Desirable 15 Year Triple Net Lease


+ 15 year Triple Net lease to Affinity Education to 2029
+ Two further 5 year options to 2039
+ Min 2.5% pa rent increases plus ‘ratchet’ provisions at market review
+ Affinity Education: highly successful early education provider with over 150 centres nationally
+ Modern purpose-built child care facility licensed for 103 LDC places
+ Tenant pays all outgoings including capex, management fees and multiple holding land tax
+ Prominent 2,995sqm site with main road exposure
+ Net Income: $312,004 pa + GST and outgoings

Auction 11am AEST Wednesday 26 June 2019
River Room, Crown Casino, Melbourne

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Adam Thomas Partner | Managing Director QLD
0418 998 971
Natalie Couper Partner
0413 856 983
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Bacchus Marsh, VIC

16-18 Harry Vallence Drive

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 129

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