20 Mulwala Drive,
Doreen, VIC 3754
Medical & Consulting • Shops & Retail
Price information
Sale - Expression of Interest
Contact Agent
Key property information
Land area
Property extent
Tenure type
Private inspections
to arrange a private inspection.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
20 Mulwala Drive
Doreen, VIC 3754
Map of 20 Mulwala Drive
Train stations within 5 km of 20 Mulwala Drive, Doreen, VIC 3754 Distance Mernda Station 3.2 km Hawkstowe Station 4 km POWERED BY HERE ©Bus stops within 5 km of 20 Mulwala Drive, Doreen, VIC 3754 Distance Doctors Gully RdYan Yean Rd 140 m Yan Yean Rd/Orchard Rd (Doreen) 767 m Ashgate Dr/Orchard Rd (Doreen) 868 m Marengo AveEminence BVD 915 m Pinnacle Vews/Flaxen Hills Rd (Doreen) 962 m POWERED BY HERE ©
POWERED BY HERE ©
Strategic Childcare Investment Adjoining McDonald’s | Well Established & Proven Operator
- 10 Year Lease to 2031 + opts
- Fixed 3% annual rent increases.
- 1,961sqm* site adjoining McDonalds
Burgess Rawson in conjunction with Sutherland & Farrelly are pleased to offer to the market, 20 Mulwala Drive, Doreen (Melbourne), VIC for sale via Expressions of Interest.
This opportunity has the following key investment highlights:
+ 10-year net lease to Butterflies Childcare to 2031.
+ Three further 10-year options to 2061.
+ Butterflies Childcare: established and successful local operator with two centres in the locale.
+ Desirable 3% annual rent increases.
+ Tenant pays all usual outgoings.
+ Dominant childcare centre licensed for 120 LDC places.
+ Strategically situated within important education precinct with 7 primary schools including Ivanhoe Grammar & Plenty Valley Christian College within 2.5*km radius.
+ Large 1,961*sqm site, adjoining McDonalds and surrounded by key national retailers including KFC, Bridgestone and United.
+ City of Whittlesea: one of Australia’s fastest growing LGA’s and one of the largest municipalities in metropolitan Melbourne, witnessing an influx of approximately 156 new residents each week. Additionally, an average of 76 babies are born weekly ^^. The population is projected to increase by 55% to 360,691 residents by 2041.^^
+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^^^
Net Income: $344,024 pa* + GST
Please contact the exclusively appointed team for more information.
*approx
^^city of Whittlesea
^^^Australian Government Department of Education
For Sale by Investment Expression of Interest
Closing 3PM AEST - Tuesday 21 May 2024
This opportunity has the following key investment highlights:
+ 10-year net lease to Butterflies Childcare to 2031.
+ Three further 10-year options to 2061.
+ Butterflies Childcare: established and successful local operator with two centres in the locale.
+ Desirable 3% annual rent increases.
+ Tenant pays all usual outgoings.
+ Dominant childcare centre licensed for 120 LDC places.
+ Strategically situated within important education precinct with 7 primary schools including Ivanhoe Grammar & Plenty Valley Christian College within 2.5*km radius.
+ Large 1,961*sqm site, adjoining McDonalds and surrounded by key national retailers including KFC, Bridgestone and United.
+ City of Whittlesea: one of Australia’s fastest growing LGA’s and one of the largest municipalities in metropolitan Melbourne, witnessing an influx of approximately 156 new residents each week. Additionally, an average of 76 babies are born weekly ^^. The population is projected to increase by 55% to 360,691 residents by 2041.^^
+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^^^
Net Income: $344,024 pa* + GST
Please contact the exclusively appointed team for more information.
*approx
^^city of Whittlesea
^^^Australian Government Department of Education
For Sale by Investment Expression of Interest
Closing 3PM AEST - Tuesday 21 May 2024
Explore property virtually
Video
If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 504570956Last Updated: 2 May 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sutherland Farrelly - East Melbourne43 Agnes Street
EAST MELBOURNE, VIC 3002
EAST MELBOURNE, VIC 3002
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
103 Vantage Boulevard,Craigieburn, VIC 3064 1798 m²Medical & Consulting • Showrooms & Large Format Retail • Other
Contact Agent
250-252 Craigieburn Road,Craigieburn, VIC 3064 162 m²Development Sites & Land • Medical & Consulting • Other