Secure 14 year + 11 month lease to Kardinia Childcare Inc to 2032
Two further 10 year options to 2052
Kardinia Childcare: long established and multi centre provider with a further centre in Geelong and expanding
Successful operator with 30+ staff at this child care facility with high occupancy
New high quality childcare facility, licensed for 98 LDC places
Desirable 3% annual rental increases
Tenant pays all usual outgoings including rates and insurances
High profile 2,370 sqm main road site with triple street frontage
Built new in 2017 with substantial taxation saving depreciation
Adjacent to Kadinia Church & only 300m from Woolworths Shopping Centre including BWS, Medical Centre & new service station (under construction)
Warrnambool: Victoria’s largest coastal city (outside Port Phillip Bay) servicing a trade catchment of 100,000+ residents & growing
Net Income: $282,632 pa + GST and Outgoings
Expressions of Interest closing Friday 21 September at 4pm
