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Vinci Carbone Property Pty Ltd - Melbourne

5 Whitfield Boulevard Cranbourne West, VIC 3977

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5 Whitfield Boulevard,
Cranbourne West, VIC 3977

Medical & Consulting • Shops & Retail • Other

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Vinci Carbone Property Pty Ltd - Melbourne
Frank Vinci
Joseph Carbone

Vinci Carbone Property Pty Ltd - Melbourne

Level 10, 100 Collins Street
MELBOURNE, VIC 3000
Vinci Carbone Property Pty Ltd - Melbourne
5 Whitfield Boulevard
Cranbourne West, VIC 3977

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PREMIUM CHILDCARE INVESTMENT - LONG LEASE TO 2032 PLUS OPTIONS TO 2042

  • NET RENTAL OF $303,887 PA*
  • LONG LEASE TO 2032 PLUS OPTIONS TO 2042
  • FIXED ANNUAL INCREASES OF 3%
Vinci Carbone are pleased to present this premium purpose built childcare centre located within one of Melbourne’s most popular growth corridors. 

A highly desirable investment opportunity secured by Kool Kidz Early Learning Centre with a long lease to 2032 plus options to 2042 with fixed annual increases of 3%, providing excellent rental growth.

Key investment highlights:

Long lease to 2032 plus options to 2042
Substantial land area of 3,101 sqm* with a 30 metre* frontage
Net rental of $303,887 pa* (representing a rate of circa $2,300 per place)
Fixed annual increases of 3% providing excellent rental growth
Service approval for 130 LDC places
Modern purpose built childcare centre of 950 sqm* with 24 car spaces 


This investment provides underlying future potential rental upside in a sector that is absolutely thriving. 

The immediate area is well serviced by public transport with Merinda Park Train Station less than 1.7 kilometres to the subject property and bus services operating along Thompsons Road.  Marriott Waters Shopping Centre is also within close proximity which is anchored by 3 major tenants, Woolworths, Aldi and Dan Murphy’s plus over 30 specialty stores.

For Sale by Expressions of Interest closing Thursday 24 March 2022 at 4pm

*approx. 

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Property ID: 504014819Last Updated: 26 May 2022

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