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JLL - Melbourne

309-311 Learmonth Street Buninyong, VIC 3357

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309-311 Learmonth Street,
Buninyong, VIC 3357

Medical & Consulting • Offices • Development Sites & Land

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JLL - Melbourne
Jesse Radisich
MingXuan Li 李名轩
Mark Stafford

JLL - Melbourne

Level 33, 101 Collins Street
MELBOURNE, VIC 3000
JLL - Melbourne
309-311 Learmonth Street
Buninyong, VIC 3357

Map of 309-311 Learmonth Street

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PROUDLY SOLD BY JLL

  • Long-Term Lease to 2055
  • Affordable Essential Service Investment
  • Central Main Street Positioning
JLL Melbourne Commercial Sales have the exclusive privilege of offering for sale this affordable child care investment at 309-311 Learmonth Street, Buninyong.

Key details of the opportunity include:
- Modern child care centre
- Long term 15 + 10 + 10 year lease until 2055
- Current net rent of $247,200 per annum + GST and Outgoings
- Fixed annual rental growth of 3% per annum
- Impressive, recently refurbished 658sqm childcare facility with approval for 100 places
- Large, central town centre landholding of 1,981sqm
- Boutique operator with strong trading history
- Easily accessible centre with main road frontage to Learmonth Street and safe pick up and drop off area
- High demand area with low level of neighbouring competition and an average cost per child of $120 + per day
- A short walk from Buninyong Primary School
- Child care represents an essential service to the Australian economy, with the Federal Government committing an additional $1.7 billion to the current annual child care budget of $10.3 billion over a three-year period

PROUDLY SOLD BY JLL

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Mark Stafford | 0404 401 0...
Jesse Radisich | 0402 085 7...
Mingxuan Li 李名 轩 | 0498 688 9...

Property ID: 504015575Last Updated: 27 May 2022

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