Sold
The Y Early Learning Centre
55S Ramlegh Boulevard, Clyde North (Melbourne) VIC
Stonebridge Property Group is pleased to present for sale The Y Early Learning Centre – 55S Ramlegh Boulevard, Clyde North.
- Newly developed 814 sqm* Early Learning Childcare Centre leased to The Y for 104 places
- Secured by a highly sought-after net lease on a 15-year initial term
- High quality construction completed in 2018 providing massive depreciation benefits
- Located in the major growth corridor being part of the City of Casey, expected to experience 157% growth in the population over the next 20 years
- Prime 2,002 sqm* landholding part of the Ramlegh Springs Development which has over 5,000 lots planned to be developed in the surrounding catchment
- At-grade car parking for 63 cars spaces (shared with the adjoining Kingswim School)
- Base rent of $300,000* per annum with fixed 2.5% increases per annum
*Approximately
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.