37 McNeill Street, ARARAT VIC 3377

SOLD Childcare Freehold Investment

SOLD

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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