Sold
Where We Grow Early Learning Narre Warren
36 Tinks Road, Narre Warren VIC
AUCTION
Stonebridge Property Group is pleased to present for sale Where We Grow Early Learning Narre Warren.
The key highlights of the opportunity include:
- 15-year NET lease to 2037 + options to 2067 with fixed 3% annual rent increases
- ‘Where We Grow’ is an early learning specialist with three premium Melbourne sites
- Strategic childcare position – close to nearby schools including Fountain Gate Secondary College (800 m*) & Fountain Gate Primary School (450 m*)
- Net Lease Structure – tenant responsible for usual outgoings including Land Tax, Insurance, Council, Rates and Management Fees
- Expansive 2,019 sqm* landholding, improved by 95 place childcare centre strategically designed to enhance engagement and learning
- Net Income $304,094 pa* + GST
Where We Grow Early Learning Narre Warren is offered for sale via National Portfolio Auction to be held on Wednesday 6 March 2024 at 11 am (AEDT).
To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.
