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121 Mitchells Lane, SUNBURY, VIC, 3429
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121 Mitchells Lane, SUNBURY, VIC, 3429

2. Property Highlights

Outstanding Childcare Investment | 15 Year Net Lease
  • 15 Year Net Lease + options to 2054
  • Fixed 3% annual rent increases
  • 2,080 sqm main road site

+ Secure 15 year net lease to Bambini ELC to 2034.

+ Two further 10 year options to 2054.

+ Bambini ELC: premium early education provider with eight Melbourne locations.

+ Attractive 3% annual rent increases.

+ Tenant pays all usual outgoings.

+ Purpose-built child care centre, with service approval for 96 LDC places.

+ Large 2,080sqm main road site, adjoining Holy Trinity Catholic Primary School, opposite Sunbury Downs College and 250 metres from Sunbury Heights Primary School.

+ Located within Rosenthal master-planned community comprising 1600+ homes.

+ Sunbury: satellite City 38km 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 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: $304,114 pa + GST.

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 23 February 2022

*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).

Remember to mention you found this property on CommercialReady.com.au

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Adam Thomas
Adam Thomas
+61 *** *** *** show +61 418 998 971
Natalie Couper
Natalie Couper
+61 *** *** *** show +61 413 856 983

3. Property Location

121 Mitchells Lane, SUNBURY, VIC, 3429

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4. Due Diligence

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121 Mitchells Lane, SUNBURY, VIC, 3429 Sunbury
Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 20/150 Lonsdale St, Melbourne VIC 3000
Adam Thomas
Adam Thomas
+61 *** *** *** show +61 418 998 971
Natalie Couper
Natalie Couper
+61 *** *** *** show +61 413 856 983
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