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335 Harvest Home Road, EPPING, VIC, 3076

2. Property Highlights

Brand New Childcare Investment in Melbourne's Booming North
  • Long 15 + 10 + 10 year Net Lease
  • Fixed 3% annual rent increases
  • Significant depreciation benefits

+15 year net lease to Aspire Early Education to 2037

+Two further 10 year options to 2057

+Aspire Early Education & Kindergarten: highly experienced operator with a growing network of 11 locations

+Fixed 3% annual rent increases

+Tenant pays all usual outgoings

+State-of-the-art 925qm child care centre, approved for 140 LDC places

+1,975sqm high profile corner site, metres from Harvest Home Primary School (800 students)

+Strategic position adjoining King Swim / YMCA and within metres from Hungry Jacks, Shell & Aurora Village Shopping Centre underpinned by Coles and Aldi Supermarkets

+Located within the rapidly evolving 630ha Aurora master planned community - future home to 25,000+ residents

+Brand new building with significant depreciation benefits

+Epping: booming Melbourne growth suburb, 18 kilometres north from the CBD with population forecast to grow by 46% by 2041*

+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: $438,220 + GST

For Sale by Private Treaty

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3. Property Location

335 Harvest Home Road, EPPING, VIC, 3076

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4. Due Diligence

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