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

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

Medical & Consulting • Shop & Retail
Sold Price

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Land area

0.44ha (1.09 acres)

Floor area

1116.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

26 Apr 2018

Brand New Childcare Investment

  • New 15 yr lease + opts to 2063
  • Fixed 4% annual rent increases
  • Vic's largest master planned community

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

Property ID: 502747450Last Updated: 2 Jul 2018

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

Agency contacts

Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
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Natalie Couper
Burgess Rawson - Melbourne
Kool Kidz, 35-45 Errol Boulevard Mickleham, VIC 3064

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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