State-Of-The-Art Melbourne Childcare with 15 Year Net Lease & Land Tax Recoverable
Stonebridge Property Group, as part of Victoria's Premier Childcare Portfolio, is pleased to present Imagine Childcare Doncaster (1 Lauer Street, Doncaster) for sale via Expressions of Interest closing Thursday 24th October 2024 at 3:00 pm (AEDT).
The key highlights of the opportunity include:
- A 15 year net lease to 2037 plus options to 2047 with annual rent increases being the greater of CPI or 3%
- Imagine Childcare - Longstanding, nationally recognised childcare operator across 24 centres
- Prominent 1,968 sqm* corner site improved by state-of-the-art 158 place facility with 34 basement car parks
- Newly constructed, purpose-built childcare centre completed in 2022, offering huge depreciation benefits
- Strategic childcare location with five primary schools within 1 km* and exposure to 25,000+ vehicles daily
- Doncaster - Established suburb 18 km* to Melbourne CBD with 24% median house price growth in last 5 years
- Net Lease Structure – Tenant pays all usual outgoings including Rates, Insurance, Land Tax and Repairs & Maintenance
- Providing net income of $938,709 pa* + GST
Imagine Childcare Doncaster (1 Lauer Street, Doncaster) is for sale via Expressions of Interest closing Thursday 24th October 2024 at 3:00 pm (AEDT). To obtain further information, or arrange an inspection please contact the exclusive selling agents, Stonebridge Property Group.
Rorey James
+61 439 400 081
Kevin Tong ???
+61 422 848 818
*Approximately
Property Code: 1079