SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Premium Childcare Facility Opposite Brand New School

1 Saffin Court , Bannockburn VIC

Property Highlights

New 15 Year Net Lease
Attractive 3.5% pa Rent Increases
Substantial landmark site

Description

For Sale by Deadline Private Treaty closing Wednesday 17 April 2019

Brand new, purpose-built, 126 place childcare facility, completed to an exceptionally high standard with 27 valuable car spaces
Strategic triple fronted site opposite brand new Bannockburn College (1,195 students) and YMCA sports complex
New 15 year lease to experienced operator with two additional high-performing centres plus 3 x 10 year options to 2064
New construction offering major tax saving depreciation benefits
Bannockburn is a high growth precinct within the Golden Plains Shire with population of 21,929 (2016) and projected to reach 28,964 (2031)
Close proximity to key infrastructure including Avalon Airport (both domestic & international flights), Geelong Port, CBD and Princes Freeway
Easy commuter distance, 50 min from Melbourne’s Westgate & Bolte Bridge’s••

Net Income: $358,715 pa + GST and outgoings

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
3,170 SQM
Building Area
1 SQM

Price

Contact Agent

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights