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144-146 Hothlyn Drive Craigieburn VIC 3064

  • Other
  • Floor Size477 m²
  • PriceFor Sale, FOR SALE $2,250,000

Childcare Freehold Investment For Sale on Prominent Corner Site

  • Rent $131,910 ex. GST per annum
  • Long 10 + 10 + 10 year lease
  • Two schools within 650m

Invest in childcare in a prized position on a main thoroughfare and within 650m of two schools. This boutique-style child care centre has a long-standing operator providing popular programmes with the local community.

Lease –10 years commencing 1st January 2016
Options – 2 further 10 year options
Rent - $131,910 excluding GST per annum
Reviews - CPI annually and market at Years 1 and 6 of each option
Tenant – Hothlyn Drive Children’s Centre
Land Size – 1,460 square metres (approx.)
Places – 60 places

Craigieburn is located in the City of Hume and is approximately 40 minutes North of Melbourne CBD and accessed by the Hume Freeway. The centre is light and bright and has outstanding outdoor play areas all beautifully completed and maintained by the tenant.

The City of Hume is expecting a significant population increase by 2041 with an additional 149,298 people populating the area, growing to 372,627 people by 2041, and representing an increase of 66.85% between this period ( According to the 2016 ABS Census, there were 5,255 children aged 0-4 years in Craigieburn alone with a total population of 50,347 people (ABS Census).

Contact Celestine Eramo 0408 111 383, Guido Bonanni 0407 444 808 or Nemo Tie 0487 001 787 for further details. Inspections are strictly by appointment and a full memorandum is available on request.

ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

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Property Highlights

Property ID2014709296
Floor Area477 m²
Land Area1,460 m²
ParkingOn site parking available
Annual ReturnAsk Agent
Last updated  4 Mar 2019
Map for 144-146 Hothlyn Drive Craigieburn VIC 3064
ASL Real Estate
130-132 High Street Kew VIC 3101

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