Savills is pleased to present for sale 14 Garry Drive, Tarneit — a modern, purpose-built childcare investment positioned within a tightly held, family-oriented growth catchment in Melbourne’s west. Securely leased to Amiga Montessori under a long-term net lease with fixed annual rental growth, the property offers investors a rare opportunity to acquire defensive income backed by a national early learning operator.
Underpinned by a strong tenant covenant, long dated lease profile and favourable demographic fundamentals, the asset delivers immediate income security alongside attractive long term growth prospects. This opportunity presents significant upside for buyers seeking exposure to a secure, long-term investment within a resilient childcare sector.
Key attributes of the property include:
• Securely leased to Amiga Montessori on an initial 15-year term with a 15-year option
• Generating a net income of $439,897.95* per annum with fixed 4% annual increases
• Licensed for 120 children with a total building area of 764sqm*
• Purpose built, single level childcare facility completed in 2019
• Substantial depreciable asset base, enhancing after-tax cashflow outcomes for investors
• Prominent corner site of 2,499sqm* with extensive triple street frontage
• High ceilings throughout, creating an abundance of natural light
• Positioned within a high growth family catchment, with children aged 0–4 years comprising 10.8%* of the local population
*Approximate
For Sale by Expressions of Interest closing Thursday 28th May at 4pm.
For further information please contact:
Linc Reynolds - 0457 930 093
Tim Grant - 0478 666 275
Remember to mention you found this property on CommercialReady
Savills is pleased to present for sale 14 Garry Drive, Tarneit — a modern, purpose-built childcare investment positioned within a tightly held, family-oriented growth catchment in Melbourne’s west. Securely leased to Amiga Montessori under a long-term net lease with fixed annual rental growth, the property offers investors a rare opportunity to acquire defensive income backed by a national early learning operator.
Underpinned by a strong tenant covenant, long dated lease profile and favourable demographic fundamentals, the asset delivers immediate income security alongside attractive long term growth prospects. This opportunity presents significant upside for buyers seeking exposure to a secure, long-term investment within a resilient childcare sector.
Key attributes of the property include:
• Securely leased to Amiga Montessori on an initial 15-year term with a 15-year option
• Generating a net income of $439,897.95* per annum with fixed 4% annual increases
• Licensed for 120 children with a total building area of 764sqm*
• Purpose built, single level childcare facility completed in 2019
• Substantial depreciable asset base, enhancing after-tax cashflow outcomes for investors
• Prominent corner site of 2,499sqm* with extensive triple street frontage
• High ceilings throughout, creating an abundance of natural light
• Positioned within a high growth family catchment, with children aged 0–4 years comprising 10.8%* of the local population
*Approximate
For Sale by Expressions of Interest closing Thursday 28th May at 4pm.
For further information please contact:
Linc Reynolds - 0457 930 093
Tim Grant - 0478 666 275
Remember to mention you found this property on CommercialReady
14 Garry Dr, Tarneit, VIC, 3029
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