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Brand New Childcare Investment

35-45 Errol Boulevard, MICKLEHAM VIC, 3064

Sold

Property Sold in 35-45 Errol Boulevard, MICKLEHAM VIC, 3064

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11289807
Status:
Sold
Price:
Price on Request
Last Updated:
15/07/2019
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Property Type

Medical/Consulting/Retail/Retail
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Land Area

4399 SQM
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Floor Area

1116 SQM
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Parking

N/A

Brand New Childcare Investment

Located at Merrifield – Victoria’s largest master-planned community consisting of 900ha* including a city centre, 6,000+ homes and 20,000+ jobs.
New 15 year lease to Kool Kidz to 2033 + options to 2063.
Kool Kidz: highly successful early education provider with 12 centres across Victoria and Malaysia.
Highly desirable 4% annual rent increases plus market review at options.
Brand new purpose-built child care facility, licensed for 168 LDC places.
Strategic 4,399 sqm corner site metres from three future schools.
Mickleham: one the state’s largest and fastest growth areas with a 9.3% increase in population from 2015-16 (Source: ABS).
Significant income tax saving depreciation benefits.
Income: $369,600 pa + GST and outgoings.

For Sale by Expressions of Interest
Closing 4pm Tuesday 17 April 2018

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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