43A Forest Street YARRA GLEN, VIC 3775

UNDER OFFER! Childcare Freehold Investment – East

$1,950,000

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.

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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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