Colliers International has the absolute pleasure in offering For Sale by Public Auction, 75 Colby Drive, Belgrave Heights.

This quality childcare centre is securely leased to Goodstart Early Learning, Australia’s largest education provider with over 641 centres nationally. The covenant of tenant and lease profile is further enhanced with the security of a ‘triple net lease’; which means the tenant pays all outgoings and no land tax is payable.

75 Colby Drive, Belgrave Heights is a fabulous long term passive investment. The childcare sector is under strong demand with significant future growth expected, making it ideal for the astute investor. Colliers International highly recommends this property for your serious consideration and addition to your property portfolio.

The property's fantastic attributes are detailed below:

• Net Rental of $90,717 pa (approx)
• Triple Net Lease to Goodstart Early Learning
• Leased to Australia’s largest childcare operator
• Lease Expiry of February 2021.
• Two further options of 5 years each
• Annual CPI reviews with a market review in 2016
• Large land holding of 1,928m² (approx.)


For Sale by Public Auction Thursday 11th of December from 11am at Malvern Valley Golf Course, 1 Golfers Drive, Malvern East, Victoria.

Please click here for link to Auction venue: www.malvernvalleygolfcourse.com

This property is being sold separately with two additional childcare centres; 382 Main Street, Barinsdale www.colliers.com.au/13174 and 29 Bridge Street West, Benalla www.colliers.com.au/13177

For further information on this property and others in the portfolio please contact Ted Dwyer (0411 312 1...) or Jeremy Gruzewski (0422 211 021) today.