Kool Kidz, 35-45 Errol Boulevard Mickleham, VIC 3064

Located at Merrifield – Victoria’s largest master-planned community consisting of 900ha* including a city centre, 6,000+ homes and 20,000+ jobs.

New 15 year lease to Kool Kidz to 2033 + options to 2063.

Kool Kidz: highly successful early education provider with 12 centres across Victoria and Malaysia.

Highly desirable 4% annual rent increases plus market review at options.

Brand new purpose-built child care facility, licensed for 168 LDC places.

Strategic 4,399 sqm corner site metres from three future schools.

Mickleham: one the state’s largest and fastest growth areas with a 9.3% increase in population from 2015-16 (Source: ABS).

Significant income tax saving depreciation benefits.

Income: $369,600 pa + GST and outgoings.

For Sale by Expressions of Interest

Closing 4pm Tuesday 17 April 2018