Share this property
Burgess Rawson - Melbourne

2 Shimmer Street Epping, VIC 3076


2 Shimmer Street,
Epping, VIC 3076

Medical & Consulting • Shops & Retail • Other

Price information


Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson - Melbourne
Natalie Couper
Adam Thomas

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
Burgess Rawson - Melbourne
2 Shimmer Street
Epping, VIC 3076

Map of 2 Shimmer Street


Strong Trading Childcare | 15 Year Net Lease + Options to 2055

  • 15 + 10 + 10 Year Net Lease to 2055
  • 3% annual rent increases
  • 2,979 sqm site, triple street frontage
+ New 15 year Net Lease to Wallaby Childcare to 2035
+ Two further 10 year options to 2055
+ Wallaby Childcare: experienced premium private operator with five centres across Melbourne
+ Tenant pays all usual outgoings
+ Impressive 917 sqm purpose built child care facility approved for 150 LDC places
+ Fixed 3% annual rent increases with market reviews at the commencement of each further term
+ Large 2,979 sqm triple street frontage site directly opposite St Mary McKillop Primary School (500+ students enrolled)
+ Strong performing centre with consistent occupancy in excess of 90% and rated “Exceeding” under the National Quality Framework (NQF)
+ Strategically positioned within an established residential community, close proximity to Epping shopping precinct and 21 kilometres north from the Melbourne CBD
+ City of Whittlesea: one of Australia’s fastest growing municipalities with forecast growth to 388,417 residents (65% increase) by 2041
+ Net Income: $417,575 + GST and Outgoings

Auction 10.30am AEST Wednesday 24 June 2020
River Room, Crown Casino, Melbourne

To secure your place/seat at Crown, a bidder holding deposit of $1,000 will be required at least 2 days prior to the auction. If you wish to bid remotely, a holding deposit of $10,000, paid at least 2 days earlier than the 24th June, will be required to be deposited into our sales trust account. Should you be unsuccessful in securing a property, the full holding deposit will be returned within 48 hours. Please contact an agent to register.

Explore property virtually


Property ID: 503556766Last Updated: 23 Aug 2020

progress tick

Sending email...

Make an enquiry

What's your enquiry about?


Enter your details

Name (required)
Email address (required)
Phone number

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Burgess Rawson - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.