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SOLD

Childcare Freehold Investment

37 McNeill Street, ARARAT VIC 3377
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Tenanted Childcare Freehold Investment

~ Annual rent $86,940 plus GST per annum
~ 4% fixed annual increase
~ 50 places boutique centre
~ Long lease 15 years with 3 further options each of 10 years~ duration
~ Land area 1,057SQM ( approx.)
~ Well-maintained premises operating as a childcare centre since 1984, current tenant operating since 2020
~ Experienced tenant in place with the Centre Director having been in the childcare industry for many years
~ 5 bus stops within 500m Ararat Train Station approx 800m away
~ Ararat City has it~s own airport, hospital, train line & access to 2 major highways
~ $70,000 landscaping improvements completed in recent years
~ 750m from Ararat City Centre with ALDI, Kmart, Woolworths & other major tenants
~ Ararat Rural City has excellent schools, hospitals, transport connections and
amenities that support a regional lifestyle.

Contact Wendy Zhou on 0422 011 188 to receive a detailed information memorandum and lease documentation.
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Property Features
  • Childcare
  • Land is 1,057 m²

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