Skip to content

43A Forest Street YARRA GLEN, VIC 3775

Childcare Freehold Investment – East

For Sale $2,100,000

Invest in childcare. A large parcel of land, a Government approved tenant and a rock-solid business supported by Government funding. Match this with a long lease and fixed reviews for an outstanding investment class.

• Only Long Day Care Centre in Yarra Glen (ACECQA)
• Nearest competition 14km away
• Lease – 5 years commencing 1st August 2015
• Options – 3 further 5 year options
• Tenant has exercised option for next 5 years, commencing August 2020
• Rent – $134,102.64 plus GST per annum
• Reviews to CPI and market
• Popular local tenant, across the road from Primary School
• Government approved tenant
• Land Size – 2,574 square metres (approx.)
• Places – 60 places

Contact Celestine Eramo 0408 111 383 or Guido Bonanni 0407 444 808 for further details. Inspections are strictly by appointment and a full memorandum is available on request.

*******
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.

By sending an enquiry to Australian Sales and Leasing you agree to be marketed to in the future for similar properties through email alerts/sms messages. This is at NO COST to you and at any time you wish to cancel your subscription please simply reply STOP.

http://www.consumer.vic.gov.au/duediligencechecklist

Property Features
  • Medical/Consulting
  • Land is 2,574 m²
  • Floor Area is 1 m²
Commercial Features
Highlight 1

Rent $134,102.64 ex. GST per annum

Highlight 2

60 place child care centre

Highlight 3

Only Long Day Care in Yarra Glen

Inspection Times

No inspections are scheduled at this time.

Request more information