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Burgess Rawson - Melbourne

Childcare Centre, 11-15 Apsley Street Strathfieldsaye, VIC 3551

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Childcare Centre, 11-15 Apsley Street,
Strathfieldsaye, VIC 3551

Medical & Consulting • Shops & Retail
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Sale - Auction Tue 29 Oct

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Burgess Rawson - Melbourne
Raoul Holderhead
Natalie Couper

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Childcare Centre, 11-15 Apsley Street
Strathfieldsaye, VIC 3551

Map of Childcare Centre, 11-15 Apsley Street

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  • Bus stops within 5 km of Childcare Centre, 11-15 Apsley Street, Strathfieldsaye, VIC 3551Distance
    Strathfieldsaye RdBlucher St202 m
    Clydebank Ct/Bassett Dr (Strathfieldsaye)469 m
    47 Bassett Dr585 m
    50 Bassett Dr605 m
    Elizabeth Dr/Sullivans Rd (Strathfieldsaye)643 m
    POWERED BY HERE ©
POWERED BY HERE ©

Strategic Childcare Centre Investment in Booming Growth Location

  • 15 Year Net Lease to 2034
  • Between 2 Primary Schools and IGA
  • Fixed Annual 3% Rent Increases
Burgess Rawson is pleased to offer to the market, 11-15 Apsley Street, Strathfieldsaye (Bendigo) VIC, for sale via Portfolio Auction, to be held 10:30am (AEDT) Wednesday 30 October 2024, at Crown Casino, Melbourne.

+Fifteen (15) year net lease to Brady Bunch Early Learning to 2034
+Three further Five (5) year options to 2049
+ Brady Bunch Early Learning: successful private operator with a network of seven centres, including three sister locations in the local area
+ Fixed 3% increases, ensuring rental growth
+ Tenant pays all usual outgoings
+ Strategically positioned only 150 metres* between both Strathfieldsaye Primary School and St Francis of the Fields Primary School
+ Expansive 2,725* sqm site located ideally located only 60 metres from Strathfieldsaye shopping precinct, featuring SUPA IGA, Australia Post and a variety of thriving local businesses
+ As new building (constructed 2019) offering tax depreciation benefits.
+ Strong trading established centre licensed for 114 LDC places.
+ Town planning approval provided for 9 shops and 5 apartments adjoining the property (south side).
+ Bendigo City Council currently undertaking a redevelopment of the Town Square adjacent to the Childcare centre (west side).
+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the federal government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion to the Cheaper Childcare Reform, which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families^^^.

+Net Income: $297,371 pa + GST*

To be sold via Investment Portfolio Auction #172
Wednesday 30 October 2024
10:30am (AEDT), River Room, Crown Casino, Melbourne

Property ID: 504701888Last Updated: 1 Oct 2024

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