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Little Flyers Learning Centres, 9 Bulimba Drive, Doreen, Vic 3754

Little Flyers Learning Centres, 9 Bulimba Drive, Doreen, Vic 3754

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
  • 839 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

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

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
Impressive 839 sqm purpose-built child care facility licensed for 126 LDC places
Large 2,424 sqm triple street frontage Comprehensive Development Zone site only 100 metres from the Laurimar Town Centre
Strategic location adjoining Laurimar Community Centre and opposite Laurimar P-6 Primary School (1,077 students currently enrolled)
Net Income: $266,430 pa + GST and Outgoings

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

Also available for sale:
1 The Crossing, Caroline Springs VIC
http://www.realcommercial.com.au/502775750

Little Flyers Learning Centres, 9 Bulimba Drive, Doreen, Vic 3754

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