209 Black Forest Road,
Werribee, VIC 3030
Medical & Consulting • Shops & Retail • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
209 Black Forest Road
Werribee, VIC 3030
Map of 209 Black Forest Road
High Occupancy Childcare Investment
- 15 Year Net Lease to 2035 + Options
- Desirable 3% annual rent increases
- Consistent occupancy of over 90%
+ New 15 Year Net Lease to Wallaby Childcare to 2035
+ Two further 10 year options to 2055
+ Wallaby Childcare: experienced premium private operator with five centres across Melbourne
+ Tenant pays all usual outgoings
+ Impressive 1,003 sqm purpose built child care facility with Service Approval for 149 LDC places
+ Fixed 3% annual rent increases plus market reviews at the commencement of each further term
+ Large 2,885 sqm only 450 metres from Wyndham Vale Primary School (860+ students enrolled)
+ Strong performing centre with consistently high occupancy in excess of 90%
+ Strategically positioned within an established and rapidly evolving residential community, close proximity to Werribee Town Centre and 31 kilometres from the Melbourne CBD
+ Wyndham City: Australia’s second largest and fastest growth area with forecast population of 512,591 residents (78% increase) by 2041*
+ Child Care/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector during the 2019–20 financial year
+ Net Income: $409,750 pa + GST and Outgoings
*Population id
+ Two further 10 year options to 2055
+ Wallaby Childcare: experienced premium private operator with five centres across Melbourne
+ Tenant pays all usual outgoings
+ Impressive 1,003 sqm purpose built child care facility with Service Approval for 149 LDC places
+ Fixed 3% annual rent increases plus market reviews at the commencement of each further term
+ Large 2,885 sqm only 450 metres from Wyndham Vale Primary School (860+ students enrolled)
+ Strong performing centre with consistently high occupancy in excess of 90%
+ Strategically positioned within an established and rapidly evolving residential community, close proximity to Werribee Town Centre and 31 kilometres from the Melbourne CBD
+ Wyndham City: Australia’s second largest and fastest growth area with forecast population of 512,591 residents (78% increase) by 2041*
+ Child Care/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector during the 2019–20 financial year
+ Net Income: $409,750 pa + GST and Outgoings
*Population id
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Property ID: 503592494Last Updated: 1 Oct 2020
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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