1 Lara Avenue, Armidale VIC 2350

CHILDCARE SITE FOR SALE - Development Approval for a 91 places + Leased to Experienced operator

For Sale

• Development Approval (DA) for 91 place single level centre
• Agreement for Lease (AFL) in place with experienced operator trading under Being Early Learning
• Demand for childcare in the area with 4.55 children per place within a 10km radius
• Prime position along the primary route leading into the heart of Armidale’s CBD
• Architecturally impressive design includes generous staff amenities, central landscape feature and large commercial kitchen
• Armidale is an educational precinct with 17 primary and secondary schools within the
regional along with the esteemed University of New England
• Located a 12 minute drive from Armidale Airport, which underwent a $10m upgrade in 2017 with daily return passenger flights to Brisbane and Sydney
• Future commencing rent of $241,150 + GST per annum, 10-year term with 3 further terms of 5 years
• Land Size: 2,157 sqm (approx.)
• Building Area: 664sqm (approx.)

Expression of Interest – close on 16th May 4pm

Please contact Jared Cartoon on 0499 555 101 or jared@aslre.com.au to receive a detailed Information Memorandum and Contract of Sale & Vendor Statement.

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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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