Dominant Childcare Investment In Highly Populated City Fringe Location

Description

Burgess Rawson in conjunction with Vinci Carbone are pleased to offer to the market, Guardian Early Learning Centre located in Abbotsford VIC.

The property has the following investment highlights:

+ 15-year net lease to Guardian Early Learning to 2032.
+ One further 10-year option to 2042.
+ Guardian Childcare: leading national early education provider, educating more than 15,000 children per day across 174 locations.
+ Attractive 4% annual rent increases, ensuring future rental growth.
+ Tenant pays all usual outgoings.
+ Established and successful childcare centre licensed for 120 LDC places.
+ Conveniently located within walking distance to Victoria Gardens Shopping Centre underpinned by Coles, Ikea, Kmart, and numerous other national retailers.
+ Strategically positioned in the heart of a bustling urban centre, this location adjoins neighboring blue-ribbon suburbs while providing convenient access to various transportation networks. Situated mere meters away from both train and tram options as well as Hoddle Street, providing ease of connectivity to the city.
+ 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: $606,616 pa plus GST. (As at 1 July 2024)

Expressions of Interest Closed – Offers under review

Please contact the exclusively appointed team for more information.

Burgess Rawson:
+ Natalie Couper
+ Zomart He

Vinci Carbone Property:
+ Frank Vinci
+ Joseph Carbone

Enquire

Contact agents
Natalie Couper Partner
0413 856 983
Zomart He 何梓轩 Partner
0488 220 830
Enquiry Form

Abbotsford, VIC

3 Flockhart Street

For Sale by Expression of Interest

This property is part of Portfolio 169

Price: Contact Agent

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