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16-18 Harry Vallence Drive Bacchus Marsh VIC 3340

  • Medical / Consulting
  • Floor Size793 m²
  • PriceCommercial Auction

Childcare Investment in High-Growth Location Desirable 15 Year Triple Net Lease

+ 15 year Triple Net lease to Affinity Education to 2029
+ Two further 5 year options to 2039
+ Min 2.5% pa rent increases plus ratchet provisions at market review
+ Affinity Education: highly successful early education provider with over 150 centres nationally
+ Modern purpose-built child care facility licensed for 103 LDC places
+ Tenant pays all outgoings including capex, management fees and multiple holding land tax
+ Prominent 2,995sqm site with main road exposure
+ Net Income: $312,004 pa + GST and outgoings

Auction 11am AEST Wednesday 26 June 2019
River Room, Crown Casino, Melbourne

AUCTION

Auction date and time26/06/2019 11:00
Auction location16-18 Harry Vallence Drive, Bacchus Marsh VIC

Property Highlights

Property ID2015303446
Floor Area793 m²
Land Area2,995 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  14 Jun 2019
Map for 16-18 Harry Vallence Drive Bacchus Marsh VIC 3340
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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