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451 Leakes Road, TRUGANINA VIC, 3029

Sold
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Property Sold in 451 Leakes Road, TRUGANINA VIC, 3029

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11403068
Status:
Sold
Last Updated:
26/02/2021
Price:
Price on Request
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Property Type

Medical/Consulting/Retail/Other
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Land Area

1969 SQM
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Floor Area

805 SQM
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Parking

N/A

High Performing Childcare Investment

+ 15 year net lease to Woodlands Early Learning to 2034
+ Two further 10 year options to 2054
+ Woodlands Early Learning: highly regarded operator with 40+ years industry experience and two further Melbourne metro locations
+ Fixed 3% annual rent increases with market review at the commencement of each further term
+ Tenant pays all usual outgoings
+ Established 805 sqm purpose-built childcare centre, licensed for 134 places
+ Strategic position within retail / commercial precinct & only 500m from both St Clare’s Primary School & Doherty’s Creek P-9 College
+ Wyndham City: one of Australia’s largest growth areas – forecast population increase of 70% to 512,591 residents by 2041
+ Significant depreciation benefits
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year
+ Net Income: $398,775 pa + GST

For Sale by Investment Portfolio Auction
11AM (AEDT) Wednesday 24 February 2021

For more details, please email agent


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Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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