CBRE Australian Healthcare & Social Infrastructure is pleased to offer for sale 110 Panton Street, Golden Square (VIC) - A brand-new uniquely designed childcare centre with an indoor pool area, strategically located in an education institution concentrated district.
Constructed with uncompromising standards amidst a backdrop of rising development costs, the subject property offers investors a stable long-term income stream with a significantly reduced early learning investment supply forecast in the years to come.
Overview:
+Leased to Discovery Bay Childcare with passing rental at $408,000pa* + GST and outgoings with fixed 3.5% annual reviews
+Designed by childcare experts to ensure the highest standards for the childcare centre Featured an uncompromising plan for space and an abundance of natural light
+Building area of 1,136sqm* with Brand New high-quality improvements
+Notable depreciation over the first 10 years of ownership (Div 40 and Division 43)
+Licensed for 120 places within an established residential area with an underlying land area of 3,259sqm* with ample on-site parking for 27 cars
+Brand new 10-year lease with (2) two further (10) ten-year options to 2054.
+Unique designed indoor pool area (156sqm*) with unrivalled offering
Location:
+Situated within 2km* southeast of Bendigo CBD, surrounded by affluent residential catchment
+ Golden Square is projected to experience significant growth by 2046, with a 33%* increase in population forecast. The suburb has also been one of the top performers in terms of housing prices, with median values surging 65%* over the past decade
+Located within 1.3km* to Golden Village retail strips and 1.8km* to Woolworths Golden Square
+Multiple educational facilities within 1.1km* from Golden Square Primary School and 1.7km* from Kangaroo Flat Primary School and St Monicas School
+ The area is characterized by an established residential population, as well as a sizeable working population
+ One of few Childcare offerings within the immediate area only one centre within 2km* radius with local Hourly fee grown by 9.1% in the past 12 months.
Forthcoming Sale
For further information, please contact the exclusive sale/leasing and marketing agents:
Sandro Peluso
+61 418 389 757
Jimmy Tat
+61 439 399 118
Marcello Caspani-Muto
+61 417 065 777
approx*
