![Burgess Rawson - Melbourne](https://i1.au.reastatic.net/170x46-fit/950a72b4fe70bbf7151e4d0922124c20a4e049bc768e0e3a6d9299b5721e4ed9/large.jpg)
197-199 Murrindal Drive,
Rowville, VIC 3178
Medical & Consulting • Shops & Retail • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
![Burgess Rawson - Melbourne](https://i1.au.reastatic.net/170x46-fit/950a72b4fe70bbf7151e4d0922124c20a4e049bc768e0e3a6d9299b5721e4ed9/large.jpg)
197-199 Murrindal Drive
Rowville, VIC 3178
Map of 197-199 Murrindal Drive
Strategic Childcare Investment Adjoining School | New 15 Year Net Lease to 2037 + Options
- Fixed 3% annual rent increases
- Long trading business since 1995
- Significant depreciation benefits
Burgess Rawson is pleased to offer to the market 197-199 Murrindal Drive, Rowville VIC for sale via our Investment Portfolio Auction 165.
This opportunity has the following key investment highlights:
+ New fifteen (15) year net lease to June 2037
+ Two (2) further ten (10) year options to 2057
+ Discovery Bay Early Learning: premium ‘Montessori’ early education provider with a current network of 8 centres across Victoria
+ Fixed 3% annual rent increases, ensuring future income growth
+ Tenant pays all usual outgoings
+ Newly refurbished facility, offering significant depreciation benefits
+ Modern purpose-built centre licensed for 76 LDC places
+ Established and long trading centre since 1995
+ Strategically positioned adjoining Karoo Primary School (495+ enrolments), and situated in a favorable educational precinct, featuring an additional 9 schools within a 3km radius
+ Substantial 1,489sqm* landholding conveniently located within 3km* of major retail amenities including major centres Rowville Lakes Shopping Centre, HomeCo Knoxfield, Wellington Village Shopping Centre & Stud Park Shopping Centre
+ Rowville: established family-orientated suburb with excellent access to key retail, commercial and transport amenities, and located only 27km* from the Melbourne CBD
+ 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 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform taking effect from July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families^
+ Net Income: $252,110 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 6 December 2023
River Room, Crown Casino, Melbourne
Please contact the exclusively appointed team for more information.
*Approx.
^ Australian Government - Department of Education | Child Care Subsidy Reform
This opportunity has the following key investment highlights:
+ New fifteen (15) year net lease to June 2037
+ Two (2) further ten (10) year options to 2057
+ Discovery Bay Early Learning: premium ‘Montessori’ early education provider with a current network of 8 centres across Victoria
+ Fixed 3% annual rent increases, ensuring future income growth
+ Tenant pays all usual outgoings
+ Newly refurbished facility, offering significant depreciation benefits
+ Modern purpose-built centre licensed for 76 LDC places
+ Established and long trading centre since 1995
+ Strategically positioned adjoining Karoo Primary School (495+ enrolments), and situated in a favorable educational precinct, featuring an additional 9 schools within a 3km radius
+ Substantial 1,489sqm* landholding conveniently located within 3km* of major retail amenities including major centres Rowville Lakes Shopping Centre, HomeCo Knoxfield, Wellington Village Shopping Centre & Stud Park Shopping Centre
+ Rowville: established family-orientated suburb with excellent access to key retail, commercial and transport amenities, and located only 27km* from the Melbourne CBD
+ 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 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform taking effect from July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families^
+ Net Income: $252,110 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 6 December 2023
River Room, Crown Casino, Melbourne
Please contact the exclusively appointed team for more information.
*Approx.
^ Australian Government - Department of Education | Child Care Subsidy Reform
Property ID: 504457284Last Updated: 4 Apr 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
![93-95 Murrindal Drive Rowville VIC 3178 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/8c0f90d5dc732cedd7c0070e541e8090bbbf36411f772601683c94825f09556c/image0.jpg)
![Burgess Rawson - Melbourne](https://i1.au.reastatic.net/170x46-fit/950a72b4fe70bbf7151e4d0922124c20a4e049bc768e0e3a6d9299b5721e4ed9/large.jpg)
Contact Agent
93-95 Murrindal Drive,Rowville, VIC 3178 1465 m²Medical & Consulting • Shops & Retail • Other
![1028 Wellington Road Rowville VIC 3178 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/ebf8e4ee62ea862e5536fa427a0d607c9d93ebc423b0019faa71e7a7469696a9/image0.jpg)
![Burgess Rawson - Melbourne](https://i1.au.reastatic.net/170x46-fit/950a72b4fe70bbf7151e4d0922124c20a4e049bc768e0e3a6d9299b5721e4ed9/large.jpg)
Contact Agent
1028 Wellington Road,Rowville, VIC 3178 831 m²Shops & Retail • Medical & Consulting • Other
![708-710 Stud Road Scoresby VIC 3179 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/2dc6c2099c965310981f4a6bb229acdf33a148bd8f92e7cf1eaac727bb159417/image0.jpg)
![Burgess Rawson - Melbourne](https://i1.au.reastatic.net/170x46-fit/950a72b4fe70bbf7151e4d0922124c20a4e049bc768e0e3a6d9299b5721e4ed9/large.jpg)
Contact Agent
708-710 Stud Road,Scoresby, VIC 3179 1 m²Development Sites & Land • Medical & Consulting