Childcare Centre, 290 Maroondah Highway,
Ringwood, VIC 3134

Brand new 20 + 10 + 10 year lease.
Substantial 918 sqm modern building, completed 2006.
Established and successful operator.
Excellent occupancy history of circa 90%.
Purpose built centre, licensed for 125 places.
High profile 2,672sqm site with 38 metre frontage.
24 on-site car spaces.
Tenant pays all outgoings (except land tax).
Strategically located within close proximity to the Ringwood Private Hospital and 1km from Eastland Shopping Centre (proposed $575M redevelopment).
Net Income: $211,921 pa + GST.

Interstate bidding is available by prior arrangement.