1-7 Reserve Road Melton VIC 3337

CBRE Victorian Health, Aged and Child Care & Victorian Retail Investments are pleased to offer for sale 1-7 Reserve Road, Melton, via the CBRE Premium Portfolio Auction, Thursday 31st August from 6pm. This is 1 of 4 childcare investments in a portfolio being offered separately.

- Brand new state of the art purpose built childcare investment

- High quality boutique family operator & childcare developer / builder of 20+ year experience

- Nino Early Learning Adventures with strong Melbourne network of 13 trading and forthcoming centres

- New 20 year lease with 10 year option, plus 3% annual increases and 6 month bank guarantee

- Income: $391,680 pa* + GST

- Permit: Childcare centre for 128 children

- Land area/zoning: 3,323sqm* / Industrial 1 Zone INZ1

- Building area: 998sqm*

- Status: Forthcoming construction - scheduled opening April 2018

- Undervalued asset class experiencing exceptional demand due to Melbourne's booming population growth

- Investment sector supported by $37billion investment by Federal Government over the next 4 years & subsidies for childcare centre parents

- Attractive depreciation benefits

- Strategic catchment location

*approx.

Open for Inspection to be held at Nino Preston, 365 Bell Street, Preston on Thursday 24th August from 2:30pm - 3:30pm.