Description

Modern purpose-built 120-place childcare facility located in a well-established residential area within walking distance to local primary school.

Only 23 kilometres west of Melbourne's CBD is one of Victoria's fastest-growing suburbs.

Centre has 5 years history and operates with an attractive occupancy rate

Annual rental income $378,000+GST with long lease options.

Well-built with modern architectural design,6 large size rooms, 24 car parking spaces and land size is 2500 sqm approx

Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year*

Well experienced team of operators and educators acting

The vendor expects offers from $6,600,000 .00

Expressions of interest close on November 18, 2022.