1 Wade Street (Madden Boulevard),
Tarneit, VIC 3029
Medical & Consulting • Shops & Retail • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
1 Wade Street (Madden Boulevard)
Tarneit, VIC 3029
Map of 1 Wade Street (Madden Boulevard)
Brand New Childcare Investment | Major Growth Location - 15 Year Net Lease
- 15 year net lease + options to 2051
- Fixed 3% annual rent increases
- Strategic 2,851 sqm corner site
+ New Fifteen (15) year net lease Aspire Early Education to 2036
+ Three further Five (5) year options to 2051
+ Aspire Early Education: experienced child care provider with a growing network of 11 centres
+ Tenant pays all usual outgoings including management fees
+ Fixed 3% annual rent increases
+ Impressive 811sqm* centre licensed for 122 LDC places
+ Strategic corner position within the rapid evolving Emerald Park Estate, offering 1350 + residential allotments, currently over 80% sold with further allotments released soon
+ Located within one of Australia’s fastest growing suburbs – forecast population increase of 164% to 131,166 residents by 2041
+ Brand new construction with significant depreciation benefits
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $371,389 pa + GST
For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 15 December 2021
River Room, Crown Casino, Melbourne
*Mitchell Institute, Australian Investment in Education: Early Learning..
+ Three further Five (5) year options to 2051
+ Aspire Early Education: experienced child care provider with a growing network of 11 centres
+ Tenant pays all usual outgoings including management fees
+ Fixed 3% annual rent increases
+ Impressive 811sqm* centre licensed for 122 LDC places
+ Strategic corner position within the rapid evolving Emerald Park Estate, offering 1350 + residential allotments, currently over 80% sold with further allotments released soon
+ Located within one of Australia’s fastest growing suburbs – forecast population increase of 164% to 131,166 residents by 2041
+ Brand new construction with significant depreciation benefits
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $371,389 pa + GST
For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 15 December 2021
River Room, Crown Casino, Melbourne
*Mitchell Institute, Australian Investment in Education: Early Learning..
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Property ID: 503957806Last Updated: 17 Feb 2022
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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