CBRE Australian Healthcare & Social Infrastructure is pleased to offer for sale 110 Panton Street, Golden Square (VIC) A brand-new flagship childcare investment with industry leading features inclusive of indoor pool, water play spaces and more.
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 leading private operator Discovery Bay Early Learning and Kindergarten with eight (8) Victorian locations across metropolitan and regional options with a long-standing an highly successful leadership team in the childcare industry
+Annual Income of $408,000+ GST and Outgoings with fixed 3.5% annual increases
+High quality improvements built with uncompromising standards in combination with leading architectural design across and area of 1,136sqm*
+Notable depreciation over the first 10 years of ownership (Div 40 and Division 43)
+Oversized landholding of 3,259sqm* with ample on-site parking for 27 vehicles and licensed for 120 places
+Brand new 10-year lease with (2) two further (10) ten-year options to 2054.
Location:
+Within 2km* of the Bendigo CBD and connected to a popular 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 strip 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*
