10 McLennan Street Mooroopna VIC 3629

Burgess Rawson in conjunction with Gagliardi Scott are pleased to offer to the market Believe Early Learning located at 10 McLennan, Mooroopna (Shepparton) VIC for sale via Offer to Purchase.

This opportunity has the following key investment highlights:

+ Brand new twenty (20) year net lease to January 2045
+ Two (2) further ten (10) year options to January 2065
+ Landlord-favourable fixed 3% annual rent increases, ensuring rental growth
+ Tenant pays all usual outgoings including single holding land tax and management fees
+ Believe Early Learning: a highly successful, boutique childcare provider with over 15 years of industry experience
+ State-of-the-art 110 LDC place centre with 24 on-site car spaces
+ Substantial 3,105sqm* corner site with over 112m* of dual street frontage, and positioned only 350m* from Mooroopna Primary School and 900m* from St Mary's Primary School
+ Located directly opposite McDonalds and conveniently located only 350m* from leading national retailers including ALDI, KFC and Woolworths
+ Strategically positioned on McLennan Street (Midland Highway), a key arterial route providing seamless connectivity for commuters between Melbourne and Shepparton, with over 32,000 vehicles passing daily
+ City of Shepparton: a major regional city with a 160,000+ trade catchment and a rapidly expanding municipality
+ Net Income: $366,300 pa* + GST

For Sale by Offer to Purchase.

Please contact the exclusively appointed Burgess Rawson childcare team for more information.

* Approx