24 Gramercy Boulevard Point Cook VIC 3030

Burgess Rawson is pleased to offer to the market 24 Gramercy Boulevard, Point Cook (Melbourne) VIC for sale via Expressions of Interest

This opportunity has the following key investment highlights:

+ 15-year net lease to Guardian Childcare & Education to 2030.
+ Two further 10-year options to 2050.
+ Guardian Childcare & Education: highly experienced early education provider with a network of 152 centres nationally.
+ Desirable 3% fixed annual rent increases.
+ Tenant pays all usual outgoings.
+ Impressive purpose-built centre, licensed for 140 LDC places, rated as 'Exceeding" under the National Quality Standards (NQS)
+ Competitive daily fees for the Point Cook locality.
+ Established and successful centre in operation since 2015, renowned for high occupancy and substantial waitlists.
+ Substantial 2,815sqm* corner site, metres from Point Cook Road and only 650m* from Coles anchored Sanctuary Lakes Shopping Centre.
+ City of Wyndham: a family-centric Community where 76% of the population consists of families with children.
+ Child Care/Early Education is an essential service with both the Federal and State Governments allocating unprecedented funding to the sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding plus an additional $4.7 billion to deliver more affordable child care, which includes increasing the Child Care Subsidy (CCS) rates from July 2023. This reform aims to enhance the affordability of early education and care for approximately 96% of families with a child in care.***
+ Net Income: $417,392 pa* + GST (as at Nov 2023)

For Sale via Expressions of Interest
Closing 3:00pm (AEST) Wednesday 1 November 2023

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