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VIC

  • Other
  • 2,400 m²
  • For Sale, $6,488,000 (GST na)

State of the art child care property for sale close to Ringwood

  • large child care centre
  • croydon ringwood area
  • new building purpose built

Purpose built 90 places child care centre perfectly located within walking distance to the local city centre

3 story building with easy access from the main road

30 year lease till 2051 starting with 10 years and optional renewal of 5 x 5 x 5 x 5

Annual Rent $270, 000 + GST and CPI reviews of 3%, plus market review at the end of each option

Operated by the well-experienced operator with high occupancy rate

Located metres from train station, shopping village & sports venue

Just 3-year-old architect-designed building with ample depreciation value

*Strong government support - Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*

Fixed selling price of $6,488,000

Property Highlights

Floor Area2,400 m²
Land Area1,417 m²
Parking18 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017480887
Category
Last updated  12 Dec 2021
Map for VIC

Property Highlights

Floor Area2,400 m²
Land Area1,417 m²
Parking18 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017480887
Category
Last updated  12 Dec 2021
Suite 1, 54 Davis Avenue South Yarra VIC 3141
Dilun Pathirana
Dilun Pathirana
Everest Commercial Property & Business Brokers

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