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Strong Trading Childcare Investment

17 Wilson Street, ARARAT VIC, 3377

Sold

Property Sold in 17 Wilson Street, ARARAT VIC, 3377

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11369341
Status:
Sold
Price:
Price on request
Last Updated:
16/01/2020
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Property Type

Retail/Medical/Consulting/Other
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Land Area

2762 SQM
Icon size

Floor Area

810 SQM
Icon parking

Parking

N/A

Strong Trading Childcare Investment

+ Secure 16 + 5 + 5 year Net lease

+ Village Early Education: established and successful child care provider with 7 further centres across Victoria

+ Established childcare facility with high occupancy

+ Strong & certain rental growth with 3% annual rent increases (from 2022 onwards)

+ As new, purpose-built facility licensed for 99 LDC places

+ Large 2,762 sqm site central within commercial growth corridor

+ Ararat: major regional service centre and gateway to the Grampians with a population catchment of 25,000+ residents.

+ Rent: $165,000 pa (as at March 2020 and increasing to $185,000 pa in March 2021)


For Sale by Auction

11am Wednesday 11 December 2019

Crown Casino, River Room, Melbourne VIC

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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