7 Copernicus Way Keilor Downs VIC 3038

New 20 year lease to Sparrow Early Learning to 2037
Sparrow Early Learning: highly experienced early education provider with 30 centres nationally
Three further 5 year options through to 2052
Desirable 3% annual rental increases and to market at option
Tenant pays all outgoings including land tax and management fees
Substantial 1,223 sqm purpose built child care facility licensed for 122 places
High profile 2,238 sqm Commercial zoned corner site, with dual street frontage of over 92 metres
Strategic ‘gateway’ location directly opposite future large scale mixed use development and 200 metres from the ALDI, Coles and K-mart anchored Keilor Shopping Centre
Keilor Downs: established and evolving suburb located 17km north west from the Melbourne CBD
Net Income: $276,000 pa

Auction 11am AEST Wednesday 28 June 2017
River Room, Crown Casino, Melbourne