365 Bell Street, Preston, VIC, 3072

Colliers is pleased to present 365 Bell Street, Preston, a strategically positioned childcare investment forming part of The Victorian Childcare Portfolio.

The property is securely leased to Niño Early Learning Adventures and provides long-term income within a tightly held inner-north catchment.

Positioned just 8km from the Melbourne CBD*, the asset benefits from prominent exposure to Bell Street, strong public transport connectivity and proximity to key education and lifestyle amenity.

Key Investment Highlights:

• Twenty (20) year lease to September 2037

• One (1) further ten (10) year option to September 2047

• Current Net Income of *$606,204 p.a.

• Niño Early Learning Adventures: Tier 1 Childcare Operator

• Landlord favourable fixed 3% annual rental increases

• Tenant pays all usual outgoings as per the lease

• Established 122 LDC places, purpose-built facility

• Strong history of consistent occupancy performance

• Strategic 1,161sqm landholding*

• Prominent main road position offering high exposure along Bell Street

• Located within a tightly held inner-north growth corridor, underpinned by urban renewal and strong population growth

• Excellent connectivity via train, tram and major arterial road networks

The property is offered for Private Sale.

For further information, please reach out to the exclusive Colliers sales agents:

Lucas Soccio | [email protected] | +61 421 428 990

Jordan McConnell | [email protected] | +61 419 990 295

Tim McIntosh | [email protected] | +61 488 320 063

Remember to mention you found this property on CommercialReady