Land

309-311 Learmonth Street, Buninyong

309-311 Learmonth Street Buninyong, VIC Australia 3357
Asking Price Contact for pricing
Area Size N/A
NOI Net Operating Income N/A
NIY N/A

Attributes

Year Built 2000
Land Area ()
Call for Offers 2022-03-29

Asset Description

JLL Melbourne Commercial Sales have the exclusive privilege of offering for sale this affordable child care investment at 309-311 Learmonth Street, Buninyong.


Key details of the opportunity include:

 - Modern child care centre

- Long term 15 + 10 + 10 year lease until 2055

- Current net rent of $247,200 per annum + GST and Outgoings

- Fixed annual rental growth of 3% per annum

- Impressive, recently refurbished 658sqm child care facility with approval for 100 places

- Large, central town centre landholding of 1,981sqm

- Boutique operator with strong trading history

- Easily accessible centre with main road frontage to Learmonth Street and safe pick up and drop off area

- High demand area with low level of neighbouring competition and an average cost per child of $120 + per day

- A short walk from Buninyong Primary School

- Child care represents an essential service to the Australian economy, with the Federal Government committing an additional $1.7 billion to the current annual child care budget of $10.3 billion over a three-year period


PROUDLY SOLD BY JLL

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

 

Mark Stafford | 0440 401 053

Jesse Radisich | 0402 085 702

Mingxuan Li 李名  | 0498 688 998

Investment Highlights

  • Long-Term Lease to 2055
  • Affordable Essential Service Investment
  • Central Main Street Positioning
Last Updated Date: 22 Apr 2022

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Last Updated Date: 22 Apr 2022

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