Long term historical occupancy exceeding 90%
Landmark 3,376 sqm corner in strong growth corridor
New 14 + 14 + 14 year lease
Established & highly successful 120 place childcare centre
Close to Avalon Airport, Geelong Port & CBD and just 50 min. to Melbourne CBD
$300,000 tenant upgrade (2020)
Annual 3% rent increases
Net lease with tenant paying outgoings, excl. land tax
Net Income: $358,275 pa + GST
For Sale by Deadline Private Treaty
Indicative Price - $5,300,000 (6.75% net yield)
Contact Darren for further information