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Brand New Childcare Investment – 20 Year Lease to Premium Provider

384-386 Midland Highway, White Hills VIC

Property Highlights

20 year net lease to Amiga Montessori
Fixed annual rent increases
Prominent 4,046 sqm main road site

Description

+ 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

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
4,046 SQM
Building Area
829 SQM

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