1 Swinnerton Rd, Tarneit, VIC, 3029

Cameron is pleased to present an outstanding opportunity to acquire a premium childcare investment within the established Tarneit Square precinct.

The 850 m² building houses Aspire Early Education & Kindergarten Tarneit (Sayers) Pty Ltd and generates a strong net rental income of $449,914.50 per annum.

The purpose-designed facility features beautifully presented indoor and outdoor areas, and is secured by a long-term 15-year lease extending to June 2039, offering investors an attractive combination of income security and contractual rental growth, with lease options through to 2054.

Situated within Tarneit Square, the property is positioned to service established and expanding residential communities throughout Melbourne's western growth corridor. The surrounding neighbourhood continues to develop as a residential and commercial destination, with Tarneit's population growing by 63% in just five years, underpinning demand for essential community services, including early childhood education and care. 

This property benefits from a prominent commercial setting alongside established neighbouring businesses, including a BP-branded service station, convenience store, and Carls Jnr.

This is a compelling opportunity for investors seeking a quality, long-term commercial investment within Melbourne's rapidly growing western corridor.

INVESTMENT HIGHLIGHTS

• $449,914.50 net annual rental income

• Established early learning and kindergarten tenancy

• Long-term lease secured until June 2039

• Further options to 2054

• Fixed 3.5% annual rental increases

• Market rent reviews at the commencement of further terms

• Beautifully presented indoor and outdoor environments

• Purpose-designed early learning and childcare facility

• Prominent position within Tarneit Square

• Located within a rapidly growing residential catchment

• Street parking

----------------------------------------

TENANCY SUMMARY

1 Swinnerton Road, Tarneit

• Building area: 850 m²

• Tenant: Aspire Early Education & Kindergarten Tarneit (Sayers) Pty Ltd

• Current net rental: $449,914.50 per annum

• Current lease term: 15 years

• Lease expiry: 16 June 2039

• Further options: Three further terms of five years each

• Rental reviews: Fixed 3.5% annual increases, with market rent reviews at the commencement of each further term

• Permitted use: Early learning/childcare centre

----------------------------------------

For further information or to arrange an inspection, contact the exclusive selling agents at Cameron today.

Measurements are approximate, and outlines are indicative only.

Remember to mention you found this property on CommercialReady