110 Panton Street, Golden Square, Vic 3555

CBRE Australian Healthcare & Social Infrastructure is pleased to offer for sale 110 Panton Street, Golden Square (VIC) - A brand-new uniquely designed childcare centre with an indoor pool area, strategically located in an education institution concentrated district.

Constructed with uncompromising standards amidst a backdrop of rising development costs, the subject property offers investors a stable long-term income stream with a significantly reduced early learning investment supply forecast in the years to come.

Overview:

+Leased to Discovery Bay Childcare with passing rental at $408,000pa* + GST and outgoings with fixed 3.5% annual reviews

+Designed by childcare experts to ensure the highest standards for the childcare centre Featured an uncompromising plan for space and an abundance of natural light

+Building area of 1,136sqm* with Brand New high-quality improvements

+Notable depreciation over the first 10 years of ownership (Div 40 and Division 43) 

+Licensed for 120 places within an established residential area with an underlying land area of 3,259sqm* with ample on-site parking for 27 cars

+Brand new 10-year lease with (2) two further (10) ten-year options to 2054.

+Unique designed indoor pool area (156sqm*) with unrivalled offering

Location: 

+Situated within 2km* southeast of Bendigo CBD, surrounded by affluent residential catchment

+ Golden Square is projected to experience significant growth by 2046, with a 33%* increase in population forecast. The suburb has also been one of the top performers in terms of housing prices, with median values surging 65%* over the past decade

+Located within 1.3km* to Golden Village retail strips and 1.8km* to Woolworths Golden Square

+Multiple educational facilities within 1.1km* from Golden Square Primary School and 1.7km* from Kangaroo Flat Primary School and St Monicas School

+ The area is characterized by an established residential population, as well as a sizeable working population

+ One of few Childcare offerings within the immediate area – only one centre within 2km* radius with local Hourly fee grown by 9.1% in the past 12 months.

Forthcoming Sale

For further information, please contact the exclusive sale/leasing and marketing agents:

Sandro Peluso
+61 418 389 757

Jimmy Tat
+61 439 399 118

Marcello Caspani-Muto
+61 417 065 777

approx*