Savills is delighted to offer for sale this premium brand-new childcare centre at 93 Princes Highway, Werribee, with a long-term lease to Gumboots Early Learning Centre.
Key attributes of the property include:
• Brand new, high end childcare centre licensed for 110 places
• Tenanted by highly regarded Gumboots Early Learning Centre
• Premium operator with multiple centres
• New 14-year and 11-month lease with 2 x 10 year options
• Current rental of $429,000 per annum + GST & Outgoings
• Annual 3% rental increases
• Additional rental uplift of 3% plus $16,500 in year 3
• Modern building incorporating a large piazza and spacious indoor/outdoor play areas
For Sale Via Expressions of Interest closing Wednesday 26 February at 2pm.
For further information please contact:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Tanya Su - 0430 302 950
Remember to mention you found this property on CommercialReady
Savills is delighted to offer for sale this premium brand-new childcare centre at 93 Princes Highway, Werribee, with a long-term lease to Gumboots Early Learning Centre.
Key attributes of the property include:
• Brand new, high end childcare centre licensed for 110 places
• Tenanted by highly regarded Gumboots Early Learning Centre
• Premium operator with multiple centres
• New 14-year and 11-month lease with 2 x 10 year options
• Current rental of $429,000 per annum + GST & Outgoings
• Annual 3% rental increases
• Additional rental uplift of 3% plus $16,500 in year 3
• Modern building incorporating a large piazza and spacious indoor/outdoor play areas
For Sale Via Expressions of Interest closing Wednesday 26 February at 2pm.
For further information please contact:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Tanya Su - 0430 302 950
Remember to mention you found this property on CommercialReady
93 Princes Highway, Werribee, VIC, 3030