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392 Belgrave-Gembrook Road Emerald, Vic 3782

Childcare Freehold Investment- Litte Gems Emerald

For Sale - $7,400,000 + GST
  • Tenanted freehold investment with a high quality, national operator
  • Brand new 109 place early learning centre with service approval March 2023
  • This state-of-the-art brand-new centre is an excellent fit for the streetscape of Emerald with its stone façade and natural landscape
  • No expense has been spared in creating a stunning building that takes full advantage of the light and leafy views
  • Substantial rent return of $370,600 + GST per annum
  • Lease term of 15 years and 10+10
  • fixed annual increases of 3.5% and 100% of outgoings paid by the tenant
  • Operated by Where We Grow Early Learning and trading as Little Gems Emerald
  • Since opening the centre has already gained the reputation of being the go-to centre for the Emerald community and surrounding areas trading at very high occupancy

 

Contact Celestine Eramo 0408 111 383 to receive a detailed information memorandum.

 

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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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Property Features
  • Childcare
Commercial Features
Highlight 1

Strong rent return of $370,600 + GST p.a

Highlight 2

High quality national operator

Highlight 3

Fixed annual increases of 3.5%

Inspection Times

No inspections are scheduled at this time.

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