Immaculate Metro Melbourne Childcare 8km to CBD - Brand New 20 Year Net Lease to 2044
Stonebridge is pleased to present ‘Imagine Childcare Coburg (Melbourne)’ for sale..
The asset has the following key investment features:
- Brand new 20 year net lease to 2044 plus options to 2054 with annual increases to the greater of CPI or 3%
- Imagine Childcare – Longstanding, nationally recognised childcare operator across 30+ centres
- Prominent 1,178 sqm* corner site improved by state-of-the-art centre offering huge depreciation benefits
- Refurbished in 2021, the immaculate 115 place centre includes 30 basement car parks, commercial grade kitchen, premium internal finishes and expansive playscape
- Ideal childcare location with four primary schools within 1 km,* servicing family suburbs Brunswick and Pascoe Vale
- Coburg – Established suburb only 8 km* to Melbourne CBD with population forecast to reach 186,400* by 2026
- Net Income $572,500 pa* + GST
*Approximately
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 1009