37 McNeill Street Ararat VIC 3377

Tenanted Childcare Freehold Investment

Annual rent $86,940 plus GST per annum
4% fixed annual increase
50 places boutique centre
Long lease 15 years with 3 further options each of 10 years' duration
Land area 1,057SQM ( approx.)
Well-maintained premises operating as a childcare centre since 1984, current tenant operating since 2020
Experienced tenant in place with the Centre Director having been in the childcare industry for many years
5 bus stops within 500m Ararat Train Station approx 800m away
Ararat City has it's own airport, hospital, train line & access to 2 major highways
$70,000 landscaping improvements completed in recent years
750m from Ararat City Centre with ALDI, Kmart, Woolworths & other major tenants
Ararat Rural City has excellent schools, hospitals, transport connections and
amenities that support a regional lifestyle.

Contact Wendy Zhou on 0422 011 188 to receive a detailed information memorandum and lease documentation.
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