Secure 20 year lease to Wyndham Early Learning to 2036.
Two further 10 year options to 2056.
New 769 sqm child care facility, licensed for 120 LDC places.
Substantial 4,859 sqm site including surplus land for potential residential development (STCA).
Strategic main road position adjoining Channel 9 & opposite McDonald’s.
Fixed 2.5% annual rental increases plus market review at options.
Tenant pays all usual outgoings excluding land tax.
Substantial taxation saving depreciation.
Shepparton: major regional city in northern eastern Victoria servicing a trade catchment of 100,000+ residents. Commonly referred to as the ‘fruit bowl of Victoria’ and only 2 hours drive from Melbourne.
Net Income: $192,925 pa.
For more details, please email agent