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1342 High Street Road, WANTIRNA SOUTH, VIC, 3152

2. Property Highlights

Stunning Childcare Investment Leased to Leading Boutique Provider
  • 15 Year Net Lease + options to 2056
  • Fixed 3.5 % annual rent increases
  • Large 2,461 sqm corner site

+ 15 year net lease to Advance Childcare to 2037

+ Two further 10 year options to 2057

+ Advance Childcare: experienced boutique operator with multiple Melbourne metro locations

+ Attractive 3.5% annual rent increases, plus ‘ratchet’ provisions at market review, guaranteeing rental growth

+ Current occupancy of 100% with extensive wait-list

+ Tenant pays all outgoings including land tax

+ Premium multi-level child care facility, with approval for 140 LDC places

+ Large 2,461 sqm main road corner site, only metres from Eastlink interchange, and 20km from the Melbourne CBD

+ Situated within significant education precinct (15 schools within a 3km radius plus access to Swinburne University)

+ High profile location with 21,000+ vehicles passing daily, within close proximity to The Glen Shopping Centre, underpinned by Woolworths, Coles, and a selection of 140+ specialty stores

+ New construction with significant depreciation benefits

+ 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: $562,380 pa + GST

For Sale by Investment Portfolio Auction

11.15am (AEDT) Thursday 11 November 2021

*Mitchell Institute, Australian Investment in Education: Early Learning.

+ 15年租约租予Advance Childcare至2036年

+ 2个10年续约至2056年

+ Advance Childcare: 富有经验的优质幼儿园运营机构,在墨尔本大都会地区拥有多个园区

+ 备受追捧的3.5%年租金增长率,加上”Rachet”租约条例,租金只能增长不能倒退

+ 目前幼儿园有100%满园率加上超长等待名单

+ 租客支付左右杂费包括地税

+ 高质量多层建筑,拥有140个全日制学位

+ 超大2461平米主路转角位置,离Eastlink交界口仅几米以内,墨尔本东南区离市中心仅20公里

+ 显著位置主路每天有21,000辆车经过,近距离至The Glen购物中心,拥有Woolworths, Coles和超过140个商家入驻

+ 全新的建筑,带有巨大折旧退税潜力

+ 幼儿园和早教产业是必要产业,也是澳洲备受追捧的商业地产类别之一。州政府和联邦政府在2021-22年的预算案里为这个领域为本来的$103亿每年增加$17亿澳元预算。

+ 年租金净收入:$562,380 + 税 + 杂费

详情请联系:Zomart He 何梓轩 0488 220 830

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

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3. Property Location

1342 High Street Road, WANTIRNA SOUTH, VIC, 3152

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1342 High Street Road, WANTIRNA SOUTH, VIC, 3152 Wantirna South
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