29 McCormicks Road,
Carrum Downs, VIC 3201

Hotel, Motel & Leisure • Other

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Exceptional Investment in Child Care with 6.8% Return

Modern, purpose-built 70 place Child Care Centre
Excellent tenant with high occupancy and long term staff
Expired permit to extend centre with another room for 15 places subject to tenant/council approvals
Rent $132,612 + GST per annum increased in Feb 2015 and annual 3% increases to $136,590.36
All outgoings by tenant
Current lease 5 years commencing February 2012 + 7 further terms of 5 years
Service meeting the National Quality Standards in all 7 areas and exceeding in 2 areas
Building 450.6 square metres
Land 2038 square metres

NOTE: Freehold only, Business not for sale.

INSEPCTIONS BY APPOINTMENT

http://www.consumer.vic.gov.au/duediligencechecklist

Property ID: 501328755Last Updated: 27 Mar 2019

0408 111 3...