Strong Trading Childcare Investment


+ 15 year net lease to Explorers Early Learning to 2034
+ Three further terms of ten years to 2064
+ Explorers Early Learning: high-end provider with 15 centres across Melbourne
+ Tenant pays all usual outgoings
+ Fixed 3% annual rent increases with market reviews at the commencement of each further term
+ As new child care facility, licensed for 168 LDC places
+ Consistent occupancy of over 90%
+ Strategic 2,900 sqm corner site with favourable “Priority Development’ zoning, 420 metres from Palmers road / Princes Freeway intersection, 600 metres from Safeway anchored Williams Landing Shopping Centre and only 20km from the Melbourne CBD
+ Significant depreciation benefits
+ Wyndham City: one of Australia’s largest growth areas, with forecast population of 512,591 residents by 2041 (70% increase)
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding of $10.5 billion in the 2019/20 financial year
+ Net Income: $521,683pa (as at June 2021)

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021 (unless sold prior)
Crown Casino, Melbourne

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Contact agents
Adam Thomas Partner | Managing Director QLD
0418 998 971
Natalie Couper Partner
0413 856 983
Zomart He Partner
0488 220 830
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Williams Landing, VIC

2 Fogarty Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 144

Contact agents