Busy Bees, 50 Brunnings Road,
Carrum Downs, VIC 3201
Medical & Consulting • Shops & Retail • Other
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
Busy Bees, 50 Brunnings Road
Carrum Downs, VIC 3201
Map of Busy Bees, 50 Brunnings Road
Long Established Childcare Investment | 20 Year Net Lease to Global Tenant
- 20 Year Net Lease + opts to 2047
- Annual CPI rent reviews
- Global Tenant – 850 + centres
+20 year net lease to Busy Bees to 2027
+Two further 10 year options to 2047
+Busy Bees: UK-based, global early childhood education operator with more than 850 centres worldwide, including 222 in Australia and New Zealand
+Annual CPI rent reviews
+Tenant pays all usual outgoings
+Well-maintained 91 LDC place child care centre, with significant capital upgrade to external playscapes
+Security of 12-month bank guarantee
+Large 2,463 sqm site with triple street frontage and only metres from Carrum Downs Secondary College and Banyan Fields Primary School
+Prime position with close proximity to Carrum Downs Shopping Centre and with ease of to both the Dandenong – Frankston Road and Eastlink, major arterials connecting the Melbourne CBD to the southeastern suburbs
+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: $300, 481 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room
*approx
+Two further 10 year options to 2047
+Busy Bees: UK-based, global early childhood education operator with more than 850 centres worldwide, including 222 in Australia and New Zealand
+Annual CPI rent reviews
+Tenant pays all usual outgoings
+Well-maintained 91 LDC place child care centre, with significant capital upgrade to external playscapes
+Security of 12-month bank guarantee
+Large 2,463 sqm site with triple street frontage and only metres from Carrum Downs Secondary College and Banyan Fields Primary School
+Prime position with close proximity to Carrum Downs Shopping Centre and with ease of to both the Dandenong – Frankston Road and Eastlink, major arterials connecting the Melbourne CBD to the southeastern suburbs
+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: $300, 481 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room
*approx
Explore property virtually
Video
Carrum Downs, 3201 demographic data
21,976
Population
$1,658 per week
Median household income
36 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from CBRE - VIC
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Sanctuary of Early Learning, 6-8 Govan Street,Seaford, VIC 3198 1 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
44 Galway Street,Seaford, VIC 3198 1131 m²Medical & Consulting • Shops & Retail • Other