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Jones Real Estate - MELBOURNE

Happy Feet ELC, 1 Saffin Court Geelong, VIC 3220

Happy Feet ELC, 1 Saffin Court,
Geelong, VIC 3220

Medical & Consulting • Shop & Retail

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Sale - Auction

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Key property information

Land area

Floor area

Car spaces

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$384,677
Number of Tenants
1 Tenant
Tenants / Type
Childcare

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to arrange a private inspection.
Jones Real Estate - MELBOURNE
Paul Jones
Tim Spargo

Jones Real Estate - MELBOURNE

Level 2, 90 William Street
MELBOURNE, VIC 3000
Jones Real Estate - MELBOURNE
Happy Feet ELC, 1 Saffin Court
Geelong, VIC 3220

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ESTABLISHED ESSENTIAL SERVICE INVESTMENT WITH 15 YEAR LEASE, WITHIN THE EDUCATION PRECINCT IN BOOMING REGIONAL GROWTH CENTRE!

  • 15 YEAR LEASE + 30 YEARS OF OPTIONS
  • 3.5% FIXED ANNUAL INCREASES
  • MAJOR GROWTH +13,000 PEOPLE BY 2036
FORTHCOMING AUCTION

Jones Real Estate is pleased to offer, for your consideration, 1 Saffin Court, Bannockburn. A highly secure essential service investment leased to well regarded and established child minding & early learning operators "Happy Feet Early Learning Centres".

For Sale via Public Auction. In person and online bidders must register with Jones Real Estate to attend.

Positioned within the Education Precinct in one of Australia's fastest growing regional centres, this blue chip and passive opportunity is underpinned by a population set to increase by 13,000^ people within the next 15 years. Directly opposite the centre is a fully fledged 1,200* pupil P-12 college and adjoining is the YMCA sporting complex and St Mary MacKillop Primary School.

This outstanding location amongst education and sporting precincts within a major growth centre, will ensure long term viability for childcare centre operators and landlords!

Key features of this remarkable investment include but are not limited to;

- Current rental of $384,677pa + GST + Outgoings

- 15-year initial lease with 3x10-year optional terms

- Triple (3) fronted and expansive 3,170sqm* site

- Highly favourable 3.5% fixed annual increases

- Securely leased with Bond & Directors Guarantee's

- Outstanding location amongst education and sporting precincts within one of Australia's fastest growing regional centres

- Near new construction therefore offering depreciation benefits to incoming purchaser

- Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with the Federal and State Governments providing record funding of $10.5 billion in the 2019/20 financial year

For Sale via Public Auction - TBA

In person and online bidders must register with the exclusively appointed agent to attend.

Contact the team at Jones Real Estate for further information.

*Denotes approx.
^https://www.goldenplains.vic.gov.au/

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Property ID: 503890490Last Updated: 22 Oct 2021

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Jones Real Estate - MELBOURNE
Level 2, 90 William Street
MELBOURNE, VIC 3000
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