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Brand New Childcare Investment - 20 Year Lease to Premium...

384-386 Midland Highway, WHITE HILLS VIC, 3550

Sold

Property Sold in 384-386 Midland Highway, WHITE HILLS VIC, 3550

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11374542
Status:
Sold
Price:
Price on Request
Last Updated:
27/02/2020
Icon building

Property Type

Medical/Consulting/Retail/Other
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Land Area

4046 SQM
Icon size

Floor Area

829 SQM
Icon parking

Parking

N/A

Brand New Childcare Investment - 20 Year Lease to Premium Provider

+ New 20 year Net Lease to Amiga Montessori to 2039
+ Two further 10 year options to 2059
+ Amiga Montessori: high-end early education provider with a further 14 centres across Melbourne and Adelaide
+ Fixed annual rent increases
+ Brand new 829 sqm child care facility, licensed for 120 LDC places
+ Substantial 4,046 sqm corner site opposite Weeroona College and 2km from the Bendigo CBD
+ New construction with significant taxation depreciation benefits
+ City of Greater Bendigo: Victoria’s largest inland city with a current population of 121,349 and forecast to grow to over 155,000 by 2036
+ Net Income: $291,225 pa + GST

Auction 11am AEDT Wednesday 26 February
Crown Casino, Melbourne, VIC

In conjunction with Childcare Sales Victoria
David Knuppel
0412 393 829
childcarebrokers@bigpond.com.au

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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