SOLD
1A Fitzpatrick Drive, Altona Meadows, VIC 3028
Affordable Metro Childcare Freehold Investment
+ Renewed net lease to Baby Bells to 2027 plus option to 2037
+ Baby Bells: experienced private operator with long established business in a high-growth location
+ Tenant pays all usual outgoings
+ Purpose-built child care centre licensed for 75 LDC places
+ Prominent 1,729 sqm main road site with 94+ metre frontage to Central Avenue
+ Located opposite McDonald’s, metres from both Point Cook Road and the Princes Freeway, and only 18km from the Melbourne CBD
+ Hobsons Bay City Council: Home to 97,751 people, supporting 36,394 jobs and has an annual economic output of $16.669 billion.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year
+ Net Income: $171,286 pa + GST
For Sale by Investment Portfolio Auction
11:00am (AEDT) Wednesday 28 October
In conjunction with Childcare Sales Victoria
David Knuppel
0412 393 829
[email protected]
+ Baby Bells: experienced private operator with long established business in a high-growth location
+ Tenant pays all usual outgoings
+ Purpose-built child care centre licensed for 75 LDC places
+ Prominent 1,729 sqm main road site with 94+ metre frontage to Central Avenue
+ Located opposite McDonald’s, metres from both Point Cook Road and the Princes Freeway, and only 18km from the Melbourne CBD
+ Hobsons Bay City Council: Home to 97,751 people, supporting 36,394 jobs and has an annual economic output of $16.669 billion.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year
+ Net Income: $171,286 pa + GST
For Sale by Investment Portfolio Auction
11:00am (AEDT) Wednesday 28 October
In conjunction with Childcare Sales Victoria
David Knuppel
0412 393 829
[email protected]
Property Info
Municipality
Altona Meadows
AUCTION
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Burgess Rawson Melbourne Melbourne
Level 7, 140 Bourke Street
Melbourne, VIC 3000
Tel: 03 9613 0400
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NEARBY PROPERTIES
Adam Thomas
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