New 15 year lease to Only About Children (OAC) to 2030.
Three generous 10 year options to 2060.
OAC: successful high end childcare provider with 31 premium locations across Melbourne and Sydney’s affluent suburbs including: Armadale, Camberwell, Coogee, Cremorne, Mosman, Neutral Bay and Rose Bay.
Fixed annual 3% rent increases.
Tenant pays all usual outgoings.
Prominent 1,149sqm main road site with 34 metre frontage.
Immaculate facility licensed for 56 LDC places.
Strategic position servicing Melbourne’s desirable bayside suburbs, 14km from CBD and minutes to Beach Road and the Nepean Hwy.
Extensively redeveloped in 2015 providing income tax saving depreciation.
Rent: $224,985 pa.

Auction 11am AEDT Wednesday 28 October
River Room, Crown Casino Melbourne.