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Burgess Rawson - Melbourne

209 Black Forest Road Werribee, VIC 3030

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209 Black Forest Road,
Werribee, VIC 3030

Medical & Consulting • Shop & Retail • Other

Price information

Sale - Expression of Interest

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$409,750
Number of Tenants
1 Tenant
Tenants / Type
Childcare

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Burgess Rawson - Melbourne
209 Black Forest Road
Werribee, VIC 3030
Burgess Rawson - Melbourne
Natalie Couper
Adam Thomas

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street
MELBOURNE, VIC 3000

Map of 209 Black Forest Road

Directions
  • Train stations within 5 km of 209 Black Forest Road, Werribee, VIC 3030Distance
    Wyndham Vale Station3.1 km
    Werribee Station4.2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 209 Black Forest Road, Werribee, VIC 3030Distance
    Vaughan CH/Blackforest Rd (Wyndham Vale)78 m
    Clitheroe Dr/Blackforest Rd (Wyndham Vale)307 m
    Manuka GR/Haines Dr (Wyndham Vale)359 m
    Ribblesdale Ave/Haines Dr (Wyndham Vale)752 m
    Olive Way/Blackforest Rd (Wyndham Vale)799 m
    POWERED BY HERE ©
POWERED BY HERE ©

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

For Sale by Expressions of Interest
Closing 3pm (AEST) Wednesday 12 August unless Sold Prior

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Property ID: 503592494Last Updated: 31 Jul 2020

Agency contacts

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

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Natalie Couper
Burgess Rawson - Melbourne
209 Black Forest Road Werribee, VIC 3030

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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