1 Pintail Drive,
Torquay, VIC 3228
Medical & Consulting • Shops & Retail • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
1 Pintail Drive
Torquay, VIC 3228
Map of 1 Pintail Drive
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 2032
+ 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.
+ 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.
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Property ID: 503957762Last Updated: 17 Feb 2022
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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