Emmetts are pleased to present to market a securely leased childcare freehold investment for sale by Expressions of Interest closing Thursday 23 May at 7:00pm.
Key features of the property include:
+ Securely leased to national childcare provider Story House Early Learning.
+ National tenant covenant from an operator with over 40 centres across Victoria, New South Wales, and Queensland.
+ Secure 20-year lease (expiring in April 2037) plus 3 further terms of 5 years.
+ Coveted net lease with passing rent of $329,558 plus GST plus outgoings plus land tax.
+ Purpose built childcare facility licensed for 122 childcare places with 26 on site car parks.
+ Underpinned by substantial corner landholding of 2,238 sq m* .
+ Highly favourable Commercial 1 Zoning (C1Z) providing for future development potential (STPA) and flexibility of use.
+ Located within an established catchment of predominantly owner-occupied family homes.
+ Walking distance to Keilor Central Shopping Centre which is anchored by ALDI, Coles, K-Mart, and Australia Post.
For further information please contact the exclusive selling agents. Please note all inspections are to be arranged strictly by appointment via Emmetts.
*denotes approx..
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