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18-20 Centenary Crescent NAGAMBIE, VIC 3608

UNDER OFFER! Childcare Development Site

UNDER OFFER!

• Permitted Childcare centre with an annual rent of $268,800 plus GST per annum
• Highly experienced tenant with over 220 licensed places and a further 200 estimated places in development pipeline
• Long term Lease: 10+10+10 with 3% annual increase
• Architectural plans propose a single level, state of the art centre that includes generous staff areas, 4 walk in storage rooms, craft sinks for every playroom and large central kitchen with window servery
• Currently there is only one existing childcare centre in Nagambie which opened 35
years ago, with 3.16 children for every licensed place & families needing to travel to
adjacent towns to seek alternative childcare options
• Located close to several residential subdivisions either proposed or upcoming
• Substantial land size with great street appeal, only a short distance from the main
shopping district and Nagambie Railway Station only 450m away from the site
• Nagambie forms part of the Strathbogie Shire, a vibrant and progressive rural
municipality just 90 minutes from the Melbourne CBD along the Hume Highway
• 2 schools located within 1km of the site
• 8 housing developments under construction or upcoming in Nagambie for a total of 460+ new lots
• Positioned 130m from a 16-lot housing development and 300m from a sold out 82 lot housing development
• Land area: 2,028m2

Price Contact the Agent

Please contact Wendy Zhou 0422 011 188 to receive a detailed information memorandum.

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Property Features
  • Childcare
  • Land is 2,028 m²
  • Floor Area is 546.36 m²
Commercial Features
Highlight 1

Permitted Childcare centre

Highlight 2

Nagambie has a Childcare demand of 3.16

Highlight 3

Lease: 10+10+10 with 3% annual increase

Inspection Times

No inspections are scheduled at this time.

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