Sold
The Y Early Learning Centre
53 Mulholland Drive, Tarneit (Melbourne) VIC

Stonebridge Property Group is pleased to present for sale The Y Early Learning Centre – 53 Mulholland Drive, Tarneit.

  • Newly developed 894 sqm* Early Learning Childcare Centre leased to The Y for 120 places
  • Secured by a highly sought after net lease on a 15-year initial term
  • High quality construction completed in 2019 providing massive depreciation benefits
  • Located in the major growth corridor being part of the City of Wyndham expected to experience 144% growth in the population over the next 20 years
  • Prime 3,141 sqm* landholding adjoining the Coles anchored Riverdale Shopping Centre and additional complementary retailers including McDonalds, KFC and 7/11
  • At-grade car parking for 54 cars spaces
  • Base rent of $378,740* per annum with fixed 3% increases per annum

*Approximately

 

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

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