20 Year Lease - Brand New Childcare & Education Investment !

For Sale - 187 (Lot 5) Canterbury Road, BAYSWATER NORTH, VIC 3153

Investment (Childcare, Retail, Showroom)

Overview

Property ID: 15227
Price: Contact Agent
Rent: $355,000 (ex. GST)
Building: 738m²
Land: 2157m²
Zoning: Industrial 1

Description

Brand new childcare centre, featuring a 20 year lease plus options to an established child care operator in a prime location on Canterbury Road Bayswater North; 30 km* east of Melbourne's CBD.

This prominent site on the corner of Market Drive is within close proximity to Dorset Road and positioned at the gateway entrance to a new commercial / industrial business estate.

Located in a sought after precinct with major traders Officeworks, Petbarn, Supercheap Auto, The Good Guys, Spotlight, Beacon Lighting and Bunnings Hardware.

- Long Term Lease: 20 + 10 + 10 Years
- Commencing rental of $355,000 per annum plus GST
- Leased to established national childcare operator; trading as 'Nido Early School' part of 'Think Childcare & Education Ltd'. They operate 55 long day care centres, with over 500 educators delivering care to 1000's of children.
- Approved for 99 childcare places
- Generous outdoor play areas, landscaping and car parking for 21 vehicles
- Tax depreciation allowances
- Estimated 42,000* vehicles passing daily

*Approx
Pricing excludes GST.

Additional Info

Features
Occupancy Tenanted: Edhod 3 Bayswater Can Pty Ltd trading Think Childcare & Education
Lease Term Twenty (20) + Ten (10) + Ten (10)
Rent Review Annual CPI, Market 10th anniversary
Commenced 15th January 2019
Bonds / Guarantees Equivalent to 6 months rental + GST
Car Spaces 21 on site
Car Parking Fees N/A
Outgoings
Outgoings Payable Tenant

Agent Details

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