Brand New Childcare Investment | 14 Year Net Lease to 2035

40 Mainview Boulevard, Truganina VIC

Property Highlights

14 Year Net Lease + Options to 2065
3% annual rent increases
Significant depreciation benefits
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Description

+ 14 year net lease to One Early Education Group to 2035
+ Three further ten year options to 2065
+ One Early Education Group: highly regarded and experienced operator with a network of 7 Melbourne centres
+ Tenant pays all usual outgoings
+ Fixed 3% annual rent increases
+ Impressive 896 sqm purpose-built early education child care centre for 110 LDC places
+ Strategic 2,100 sqm site metres from St Clare’s Primary School, Doherty’s Creek P-9 College and Truganina East Maternal & Child Health centre
+ Wyndham City: one of Australia’s largest growth areas, with forecast population of 512,591 (70% increase) residents by 2041
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding of $10.5 billion in the 2019/20 financial year
+ Significant depreciation benefits
+ Net Income: $294,775pa + GST and Outgoings

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021 (unless sold prior)
Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,100 SQM
Building Area
896 SQM

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