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New Childcare Investment

251 Dyson Drive, ALFREDTON VIC, 3350

Sold

Property Sold in 251 Dyson Drive, ALFREDTON VIC, 3350

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11332939
Status:
Sold
Price:
Price on Request
Last Updated:
12/03/2020
Icon building

Property Type

Medical/Consulting/Retail/Retail
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Land Area

3098 SQM
Icon size

Floor Area

1 SQM
Icon parking

Parking

N/A

New Childcare Investment

New 20 year lease to Beginnings Early Learners to 2038
Two generous 10 year options
Brand new 929 sqm child care facility, licensed for 130 LDC places
Triple net lease with the tenant responsible for all outgoings including: insurance, maintenance, repairs (capital & structural) plus multiple holding land tax
Annual 3% rent increases with ‘ratchet’ provision, ensuring rent cannot reduce
Substantial 3,098 sqm corner with 28 on-site car spaces
Alfredton: adjoins Lucas – Ballarat’s largest master-planned community and within the Ballarat West Growth Zone, expected to create up to 9,000 jobs & inject $5 billion per annum into the Ballarat economy over the next 20 years
Ballarat: Victoria’s largest inland city and currently servicing a trade catchment of circa 400,000+ people
New construction with substantial tax saving depreciation benefits
Net Income: $351,000 p.a. + GST and Outgoings

For Sale by Private Treaty

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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