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Burgess Rawson - Melbourne

1 Pintail Drive Torquay, VIC 3228

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1 Pintail Drive,
Torquay, VIC 3228

Medical & Consulting • Shop & Retail • Other

Price information

Sale - Auction Tue 14 Dec

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$517,762
Number of Tenants
1 Tenant
Tenants / Type
Childcare

Auction

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Burgess Rawson - Melbourne
Adam Thomas
Natalie Couper

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
1 Pintail Drive
Torquay, VIC 3228

Map of 1 Pintail Drive

Directions
  • Bus stops within 5 km of 1 Pintail Drive, Torquay, VIC 3228Distance
    Pacific Dr/Horseshoe Bend Rd (Torquay)925 m
    Surfrider Ct/Pacific Dr (Torquay)986 m
    Reef Dr/Pacific Dr (Torquay)1 km
    The Sands Torquay Golf Course/Pacific Dr (Torquay)1.2 km
    Pacific Dr/Sands BVD (Torquay)1.2 km
    POWERED BY HERE ©
POWERED BY HERE ©

Strong-Trading Childcare Investment

  • 15 Year Net Lease + options to 2063
  • Fixed 3.5 % annual rent increases
  • High profile 3,612sqm corner site
+ 15 year net lease to Child’s Play Early Learning to 2033
+ Two further 15 year options to 2062
+ Child’s Play Early Learning: experienced early education provider with two further highly successful centres in Tarneit
+ Tenant pays all outgoings including land tax
+ Strong-trading business with high occupancy
+ Desirable 3.5% annual rent increases
+ Premium 963sqm* child care facility, with service approval for 141 LDC places
+ High profile 3,612sqm* triple street frontage site opposite Torquay Coast Primary School
+ Torquay: capital of the Surf Coast Shire and gateway to the world famous Great Ocean Road, and ordinarily with 2 million+ tourists every year
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $517,762 pa + GST

For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 15 December 2021
River Room, Crown Casino, Melbourne

*Mitchell Institute, Australian Investment in Education: Early Learning.

Property ID: 503957762Last Updated: 26 Nov 2021

Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
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