41-43 Wellsford Street, STRATFORD VIC 3862

UNDER OFFER! Brand New 72 Place Tenanted Childcare Freehold Investment For Sale

UNDER OFFER!

• Brand new centre estimated to be completed in the first half of 2024
• Tenanted with annual rent of $165,000 per annum plus GST and ready to commence operations in 2024
• Long term lease in place 10+10+10
• Currently, there are no known other centres within an 8.5km radius and an estimated 351 children in the target age group of 0-5 years within the same area
• Highly experienced tenant in the childcare sector, having managed childcare centres for more than 22 years with more than 19 centres throughout VIC, QLD, NSW and WA
• Great location on a substantial corner block, strategically located near new or proposed residential subdivisions
• Sustainable demand of clientele with nearby residential subdivisions either proposed or already under construction, for a total of 134+ new lots
• Less than 500m from Stratford’s shopping precinct with anchor tenants IGA, Australia Post and Alliance Pharmacy
• 350m from Stratford Railway Station
• Stratford forms part of the Wellington Shire where the population is projected to increase by 25% between 2021-2041
• Single level, highly functional design that meets all the requirements of a modern childcare centre
• High quality construction and huge depreciation benefits available
• Land area: 2,023 m² (approx.) | Estimated Building area: 561.5m² (approx.)
• Car Spaces: 21

By Expression of Interest, closing Thursday 29th February 2024 at 4pm, if not sold prior

Please contact Wendy Zhou 0422 011 188 or Jonathan Lan 0422 358 259 to receive a detailed information memorandum.

ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

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