Childcare, 29 McCormicks Road,
Carrum Downs, VIC 3201

Medical & Consulting • Shops & Retail • Other

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Long Established and Successful Childcare Investment

Renewed lease to 2022 + opts to 2052
Fixed 3% annual rent increases
Planning approval to expand to 86 plc

Lease to Clever Kids to 2022 plus options to 2052
Long established and multi-centre childcare provider with high occupancy and a further centre in Doncaster East
Tenant pays all usual outgoings
Modern 450 sqm purpose-built child care facility licensed for 70 LDC places
Planning approval to expand to 86 places, with a pro rata rent increase
Fixed 3% annual rent increases and to market at option
Substantial 2,023 sqm main road site only 100 metres from the junction with Ballarto Road and the Coles-anchored Carrum Plaza
Strategic location servicing an established residential catchment along with the surrounding suburbs of Patterson Lakes and Skye
Net Income: $161,290 pa + GST and Outgoings

For Sale by Expressions of Interest
Closing 4pm Monday 25 June 2018 unless Sold Prior

Property ID: 502828730Last Updated: 3 May 2021

Childcare, 29 McCormicks Road

Carrum Downs, VIC 3201

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

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