16-18 Station Street,
Cranbourne, VIC 3977

- Institutional grade triple net lease
- Site area of 1,366m² (approx)
- Triple net lease to Jerez Group Pty Ltd
- Annual net rental of $84,327 plus GST (approx)
- 15 year lease from 22 December 2004
- 5 + 5 year option
- Secure six month bank guarantee
- Annual rent reviews

This securely leased childcare provides a sound investment for an astute investor. The triple net lease means the tenant is responsible for 100 per cent of all permissible outgoings. The childcare centre comprises a single level building with four play rooms, reception / office, staff rooms, kitchen, amenities and a large rear yard with a covered play area. Public transport is accessible as the property is located opposite Cranbourne Train Station. The property provides carparking for 10 vehicles and is zoned Residential 1 under the Casey City Council.

Auction to be held on Thursday 25th March at 12pm at the offices of Colliers International, Level 32, 367 Collins Street, Melbourne.

To view the complete national portfolio of Childcare Centres available, visit: www.cleverinvestments.com.au