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Burgess Rawson - Melbourne

451 Leakes Road Truganina, VIC 3029

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451 Leakes Road,
Truganina, VIC 3029

Medical & Consulting • Shops & Retail • Other

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Burgess Rawson - Melbourne
Natalie Couper
Adam Thomas

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
451 Leakes Road
Truganina, VIC 3029

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High Performing Childcare Investment

  • 15 + 10 + 10 year net lease to 2054
  • Fixed 3% annual rent increases
  • Strategic high profile corner location
+ 15 year net lease to Woodlands Early Learning to 2034
+ Two further 10 year options to 2054
+ Woodlands Early Learning: highly regarded operator with 40+ years industry experience and two further Melbourne metro locations
+ Fixed 3% annual rent increases with market review at the commencement of each further term
+ Tenant pays all usual outgoings
+ Established 805 sqm purpose-built childcare centre, licensed for 134 places
+ Strategic position within retail / commercial precinct & only 500m from both St Clare’s Primary School & Doherty’s Creek P-9 College
+ Wyndham City: one of Australia’s largest growth areas – forecast population increase of 70% to 512,591 residents by 2041
+ Significant depreciation benefits
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year
+ Net Income: $398,775 pa + GST

For Sale by Investment Portfolio Auction
11AM (AEDT) Wednesday 24 February 2021

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Property ID: 503743258Last Updated: 27 Apr 2021

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