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DESCRIPTION:DA Approved Childcare Development | Agreement for Lease in Plac
 e\nElders Commercial is pleased to present a DA approved childcare develop
 ment opportunity with an executed agreement for lease to Vision Early Lear
 ning (Latrobe) Pty Ltd. \n\nThe investment structure is based on a 15-year
  initial lease from practical completion\, with two further 10-year option
 s. Commencing annual rent is calculated at $4\,150 plus GST per approved c
 hildcare place\, with six months rent free from commencement and fixed ann
 ual increases of 3%.\n\nInvestment Highlights:\n\n+ Planning permit L-DA16
 1/2025 granted for demolition of the existing dwelling and development of 
 a childcare centre.\n+ Approved design accommodates 86 childcare places ac
 ross six activity rooms.\n+ 1\,834 sqm site with proposed 566 sqm gross fl
 oor area and approximately 642 sqm usable outdoor play area.\n+ 15 on-site
  car spaces shown on the endorsed proposal\, including one accessible spac
 e.\n+ Executed agreement for lease with Vision Early Learning (Latrobe) Pt
 y Ltd.\n+ 15-year initial lease term plus two further options of 10 years 
 each.\n+ Commencing rent formula of $4\,150 plus GST per approved place\, 
 equating to $356\,900 per annum plus GST at 86 approved places.\n+ Fixed 3
 % annual rent reviews\, with market review at the commencement of a furthe
 r term.\n+ Location studies indicate a strong demand and under supply of c
 hildcare in the area.\n\nThe property is for sale via Expressions of Inter
 est closing 8 December 2026.\n\nContact Fletcher Seymour or Clinton O'keef
 e for more information or to arrange an inspection.
DTEND:20261208T160000
DTSTAMP:20261110T061520Z
DTSTART:20261208T160000
SEQUENCE:0
SUMMARY:Expression Of Interest: 237 Gilbert Street\, Latrobe TAS
UID:CRE-2021316118-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>DA Approved Childcare Development | A
 greement for Lease in Place <br/> Elders Commercial is pleased to present 
 a DA approved childcare development opportunity with an executed agreement
  for lease to Vision Early Learning (Latrobe) Pty Ltd.  <br/>  <br/> The i
 nvestment structure is based on a 15-year initial lease from practical com
 pletion\, with two further 10-year options. Commencing annual rent is calc
 ulated at $4\,150 plus GST per approved childcare place\, with six months 
 rent free from commencement and fixed annual increases of 3%. <br/>  <br/>
  Investment Highlights: <br/>  <br/> + Planning permit L-DA161/2025 grante
 d for demolition of the existing dwelling and development of a childcare c
 entre. <br/> + Approved design accommodates 86 childcare places across six
  activity rooms. <br/> + 1\,834 sqm site with proposed 566 sqm gross floor
  area and approximately 642 sqm usable outdoor play area. <br/> + 15 on-si
 te car spaces shown on the endorsed proposal\, including one accessible sp
 ace. <br/> + Executed agreement for lease with Vision Early Learning (Latr
 obe) Pty Ltd. <br/> + 15-year initial lease term plus two further options 
 of 10 years each. <br/> + Commencing rent formula of $4\,150 plus GST per 
 approved place\, equating to $356\,900 per annum plus GST at 86 approved p
 laces. <br/> + Fixed 3% annual rent reviews\, with market review at the co
 mmencement of a further term. <br/> + Location studies indicate a strong d
 emand and under supply of childcare in the area. <br/>  <br/> The property
  is for sale via Expressions of Interest closing 8 December 2026. <br/>  <
 br/> Contact Fletcher Seymour or Clinton O'keefe for more information or t
 o arrange an inspection.</P></body></html>
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