Savills Melbourne is delighted to offer for sale this brand new child care centre located within Melbourne's high growth south-eastern suburbs. The property is For Sale as part of a Portfolio of three brand new centres to be sold Individually or Together by Expressions of Interest closing Thursday 23 November at 2pm.
The property comprises a brand new, architecturally designed child care centre which is anticipated to be completed in late-2017. When completed, the modern purpose built centre will be finished to industry leading standards.
Key attributes include:
A brand new purpose built child care centre
Commencing Net rental of $344,500*
Long term lease to premium child care operator
Fixed 3% annual rental growth
Significant potential depreciation benefits
Highly strategic location being surrounded by significant ongoing residential development
Underpinned by major landholding in super high growth location
Secure investment class backed by $37 billion in government funding^
For Sale Individually or Together by Expressions of Interest closing Thursday 23 November at 2pm (if not sold prior).
For further information, please contact:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
*Approx.
^Australian Government Dept. of Education and Training