Brand New Childcare Investment in High Growth Location
SOLD
Savills is delighted to offer for sale this newly established childcare investment opportunity located at 54-56 Stanley Street, Wallan.
Key attributes of this opportunity include:
• Recently signed 15+10+10+10-year lease with North Star Early Education
• Returning $352,800 + GST & outgoings with 3.5% annual rental increases
• 2,023sqm* landholding boasting over 41m* frontage
• 98 place purpose-built facility comprising of 5 rooms, kitchen, piazza, office and 21 car spaces
• Highly successful centre with circa 75% occupancy rate achieved in 3 months
• Brand new facility with depreciation benefits available
• Ideally located within 300m* of Wallan Primary School and Wallan Secondary College
• Easy access to a wide variety of lifestyle & retail amenity within Wellington Square and Wellington Walk Shopping Centres on High Street only a short walk away
*Approximate.
For further information please contact:
Julian Heatherich - 0412 995 655
Beau Bakhtani - 0412 159 038
| Level | Tenancy | Sale Type | Price | AreaSqm | Status |
|---|---|---|---|---|---|
| n a | Private Treaty | 2023.00sq m | Sold |