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85 Belleview Drive, Sunbury, Vic 3429

85 Belleview Drive, Sunbury, Vic 3429

Medical/Consulting Retail Other

  • Sold Contact Agent
  • Wed 23-Jun-21

Brand New Childcare Investment | 15 Year Net Lease to 2036

  • New 15 year net lease + opts to 2056
  • Fixed 3% annual rent increases
  • Excellent tax saving depreciation

  • Land Area
  • 1766.00 m² (approx)
  • Floor Area
  • 810 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Aug 25, 2021

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street

Melbourne Vic 3000

Natalie Couper, Burgess Rawson - Melbourne
Natalie Couper
Shaun Venables, Burgess Rawson - Melbourne
Shaun Venables

Brand New Childcare Investment | 15 Year Net Lease to 2036

+ New 15 year net lease to Gumboots Early Learning to 2036
+ Two further 10 year options to 2056
+ Gumboots EL: experienced early education provider with three Melbourne locations
+ Attractive 3% annual rent increases
+ Tenant pays all usual outgoings
+ New 810 sqm child care facility, with service approval for 112 LDC places
+ Strategic position within the award winning Jackson Hill Estate and 300m from Sunbury Primary School
+ Sunbury: satellite City 34km from Melbourne, and servicing a 65,000+ trade catchment population
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and state Governments providing record funding of $10.5 billion to the sector in the 2019/20 financial year
+ Net Income: $301,665 pa + GST

For Sale by Investment Portfolio Auction
Wednesday 23 June 2021
Crown Casino, Melbourne VIC
Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

85 Belleview Drive, Sunbury, Vic 3429

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