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451 Leakes Road, TRUGANINA, VIC, 3029
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451 Leakes Road, TRUGANINA, VIC, 3029

2. Property Highlights

High Performing Childcare Investment
  • 15 + 10 + 10 year net lease to 2054
  • Fixed 3% annual rent increases
  • Strategic high profile corner location

+ 15 year net lease to Woodlands Early Learning to 2034

+ Two further 10 year options to 2054

+ Woodlands Early Learning: highly regarded operator with 40+ years industry experience and two further Melbourne metro locations

+ Fixed 3% annual rent increases with market review at the commencement of each further term

+ Tenant pays all usual outgoings

+ Established 805 sqm purpose-built childcare centre, licensed for 134 places

+ Strategic position within retail / commercial precinct & only 500m from both St Clare’s Primary School & Doherty’s Creek P-9 College

+ Wyndham City: one of Australia’s largest growth areas – forecast population increase of 70% to 512,591 residents by 2041

+ Significant depreciation benefits

+ 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: $398,775 pa + GST

For Sale by Investment Portfolio Auction

11AM (AEDT) Wednesday 24 February 2021

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

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Adam Thomas
Adam Thomas
+61 *** *** *** show +61 418 998 971
Natalie Couper
Natalie Couper
+61 *** *** *** show +61 413 856 983
Zomart He 何梓轩
Zomart He 何梓轩
+61 *** *** *** show +61 488 220 830

3. Property Location

451 Leakes Road, TRUGANINA, VIC, 3029

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4. Due Diligence

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451 Leakes Road, TRUGANINA, VIC, 3029 Truganina
Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 20/150 Lonsdale St, Melbourne VIC 3000
Adam Thomas
Adam Thomas
+61 *** *** *** show +61 418 998 971
Natalie Couper
Natalie Couper
+61 *** *** *** show +61 413 856 983
Zomart He 何梓轩
Zomart He 何梓轩
+61 *** *** *** show +61 488 220 830
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