SOLD
29 McCormicks Road, Carrum Downs, VIC 3201
Long Established and Successful Childcare Investment
Lease to Clever Kids to 2022 plus options to 2052
Long established and multi-centre childcare provider with high occupancy and a further centre in Doncaster East
Tenant pays all usual outgoings
Modern 450 sqm purpose-built child care facility licensed for 70 LDC places
Planning approval to expand to 86 places, with a pro rata rent increase
Fixed 3% annual rent increases and to market at option
Substantial 2,023 sqm main road site only 100 metres from the junction with Ballarto Road and the Coles-anchored Carrum Plaza
Strategic location servicing an established residential catchment along with the surrounding suburbs of Patterson Lakes and Skye
Net Income: $161,290 pa + GST and Outgoings
For Sale by Expressions of Interest
Closing 4pm Monday 25 June 2018 unless Sold Prior
Long established and multi-centre childcare provider with high occupancy and a further centre in Doncaster East
Tenant pays all usual outgoings
Modern 450 sqm purpose-built child care facility licensed for 70 LDC places
Planning approval to expand to 86 places, with a pro rata rent increase
Fixed 3% annual rent increases and to market at option
Substantial 2,023 sqm main road site only 100 metres from the junction with Ballarto Road and the Coles-anchored Carrum Plaza
Strategic location servicing an established residential catchment along with the surrounding suburbs of Patterson Lakes and Skye
Net Income: $161,290 pa + GST and Outgoings
For Sale by Expressions of Interest
Closing 4pm Monday 25 June 2018 unless Sold Prior
Property Info
Municipality
Carrum Downs
Burgess Rawson Melbourne Melbourne
Level 7, 140 Bourke Street
Melbourne, VIC 3000
Tel: 03 9613 0400
Email Us
NEARBY PROPERTIES
Adam Thomas
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