Burgess Rawson is pleased to offer to the market, 72 East Street, Woodend VIC. For sale via Portfolio Auction, to be held 10:30am (AEST) Wednesday 18 September 2024, at Crown Casino, Melbourne. This opportunity has the following key investment highlights: + 10-year net lease to 2029 + Three further ten year options to 2059 + Nido Early School: Premium early childhood education and care provider with a network of 104 centres across Australia. + Fixed 3% annual rent increases with market reviews every five years + Tenant pays all usual outgoings including management fees + Established and successful childcare centre in operation since 1998, and rated ‘Exceeding’ under the National Quality Standards (NQS) + High-performing 82 LDC place facility pending $489,000 tenant funded playscapes upgrades + Located within metres of Woodend Primary School & Macedon Ranges St Ambrose Parish Primary School + Strategically positioned within 200 metres of East Street and Romsey Road servicing 5,300 vehicles daily. + Expansive 3,162sqm* site within close proximity to the town centre featuring Coles, BP, IGA &19th Hole Shopping centre underpinned by K-Mart + Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families^^^. + Net Income: $201,550 pa + GST* For Sale via Portfolio Auction to be held 10:30am (AEST) Wednesday 18 September 2024, at Crown Casino, Melbourne. Please contact the exclusively appointed team for more information. Agents: Natalie Couper 0413 856 983 Justin Kramersh 0460 349 605 ^^^ Australian Government Department of Education
Consulta por correo electrónico a Burgess Rawson - Melbourne
Inmueble ID: 504671160