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Description: An outstanding opportunity to acquire a high-quality, leased child care centre located in one of Melbourne's fastest-growing south-eastern growth corridors. This secure investment offers strong income fundamentals, fixed annual rental growth, and a long lease to an established, quality operator.
Property Highlights
* Purpose-built child care centre on a substantial landholding
* Land Area: 2,724 sqm (approx.)
* Approx. 130 licensed child care places
* Modern, industry-leading design and construction
* Strategically positioned within a high-growth residential catchment
Lease & Income Details
* Tenant: Established and reputable child care operator
* Lease Term: 7 + 5 + 5 years
* First Term Expiry: 30 September 2032
* Annual Rental: $411,351 + GST per annum
* Rent Reviews: Fixed 3% annual increases (every October)
* Land Tax: $13,900.50 per annum (owner payable)
Tenant Outgoings
* Water: Approx. $750 per quarter
* Council Rates: $6,096 per quarter
* Insurance: $6,404 per annum
Investment Highlights
* ROI: 5.7%
* Long-term lease providing secure, predictable income
* Fixed annual rental growth offering built-in income escalation
* Essential-services asset class supported by strong government funding
* Located in a proven, high-growth south-east Melbourne corridor
* Significant underlying land value with future upside
* Attractive passive investment with minimal landlord responsibilities
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