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Little Flyers, 1 The Crossing, Caroline Springs, Vic 3023

Little Flyers, 1 The Crossing, Caroline Springs, Vic 3023

Medical/Consulting Retail Other

  • Sold Contact Agent
  • Wed 09-May-18

Impressive Childcare Investment

  • Secure 10 yr lease + options to 2046
  • Fixed 3.75% pa rent increases
  • Comprehensive Development Zone

  • Land Area
  • 2424.00 m² (approx)
  • Floor Area
  • 717 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • May 17, 2018

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7,140 Bourke Street

Melbourne Vic 3000

Natalie Couper, Burgess Rawson - Melbourne
Natalie Couper
Adam Thomas, Burgess Rawson - Melbourne
Adam Thomas

Impressive Childcare Investment

Impressive and established childcare investments located in one of Melbourne's key growth locations
10 year leases to Little Flyers to September 2026
Four further five year options to September 2046
Desirable 3.75% fixed annual rent increases plus market reviews
Highly sought-after comprehensive Development Zone sites, providing significant future development opportunity and upside (STCA)
Little Flyers: a wholly owned subsidiary of the highly successful and well regarded Eltham College Foundation
Modern 717 sqm purpose-built child care facility licensed for 124 LDC places
Large 2,505 sqm dual street frontage Comprehensive Development Zone site, opposite high density mixed-use and residential developments
Strategic position within major educational and commercial precinct, opposite K-9 Creekside College and 350 metres from the Caroline Springs Town Centre
Net Income: $266,430 pa + GST and Outgoings

Auction 11am AEST Wednesday 9 May 2018
River Room, Crown Casino, Melbourne

Also available for sale:
9 Bulimba Drive, Doreen VIC

Little Flyers, 1 The Crossing, Caroline Springs, Vic 3023

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