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29-33 Unitt Street, MELTON, VIC, 3337

2. Property Highlights

Affordable Childcare Investment | Leased to ASX-listed Tenant
  • Net lease to Mayfield + opts to 2040
  • Mayfield: ASX listed with 21 centres
  • 1,227 sqm Commercial 1 zoning site

+ Net lease to Mayfield Childcare Limited to 2025 plus options to 2040

+ Mayfield Childcare Limited: ASX listed (ASX:MFD) operator with 21 centres

+ Long established business in a high-growth location

+ Tenant pays all outgoings including land tax

+ Purpose-built child care centre licensed for 71 LDC places

+ Substantial 1,227 sqm site with sought-after Commercial 1 zoning

+ Ideally positioned opposite two primary schools, metres from High St, and only 35km from Melbourne CBD

+ City of Melton: One of the fastest growing municipalities in Australia, home to 172,714 people, supporting 31,024 jobs and has an annual economic output of $7.751 billion

+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year

+ Net Income: $155,000 pa + GST

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 9 December

In conjunction with Childcare Sales Victoria

David Knuppel

0412 393 829

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

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3. Property Location

29-33 Unitt Street, MELTON, VIC, 3337

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4. Due Diligence

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