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
Cap Rate N/A

Key facts

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

Property 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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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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