382 Main Street,
Bairnsdale, VIC 3875

The JLL Healthcare & Life Science team is pleased to exclusively present this affordable child care centre at 382 Main Street, Bairnsdale.

Key details of the opportunity include:
+ Leased to Evolve Early Education Pty Ltd (part of the ASX-Listed (ASX: EVO) Embark Early Education Ltd)
+ Excellent trading history with strong occupancy and waitlist for 2024
+ 17-year Triple Net Lease plus options until 2043
+ Net rental of $110,436 * per annum plus GST & Outgoings with CPI annual increases (ratchet clause of a minimum 3% increase)
+ Favourable lease security with corporate guarantee in place
+ Over 20m* of exposure to Main Street, a major arterial road with 22,000+ vehicles passing daily
+ Ideally positioned just 150m* from Bairnsdale Primary School
+ The new $5.4 billion federal government child care package commenced in July 2023, and with the Bairnsdale median family income sitting at $57,252** the majority of the local community qualifies for the full subsidy of up to 90%
+ East Gippsland is a thriving regional with forecasted population growth of 22% by 2041^
+ Positioned less than 1.1km* from Bairnsdale Station, Coles, Woolworths, Aldi, Dan Murphy’s, McDonald’s, KFC, Chemist Warehouse, Hungry Jacks and more.

*Approx.
^Forecast.ID
**ABS 2021 Community Census

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Mark Stafford | 0404 401 0...
MingXuan Li | 0498 688 9...