Impressive and established childcare investments located in one of Melbourne's key growth locations 10 year leases to Little Flyers to September 2026 Four further five year options to September 2046 Desirable 3.75% fixed annual rent increases plus market reviews Highly sought-after comprehensive Development Zone sites, providing significant future development opportunity and upside (STCA) Little Flyers: a wholly owned subsidiary of the highly successful and well regarded Eltham College Foundation Modern 717 sqm purpose-built child care facility licensed for 124 LDC places Large 2,505 sqm dual street frontage Comprehensive Development Zone site, opposite high density mixed-use and residential developments Strategic position within major educational and commercial precinct, opposite K-9 Creekside College and 350 metres from the Caroline Springs Town Centre Net Income: $266,430 pa + GST and Outgoings
Auction 11am AEST Wednesday 9 May 2018 River Room, Crown Casino, Melbourne
Also available for sale: 9 Bulimba Drive, Doreen VIC http://www.realcommercial.com.au/502775746
