New 15 year lease to Sturt Street EL to 2032 + options to 2052
Sturt Street Early Learning: successful early education provider with over 10 years’ industry experience and further centres in NSW and Victoria
Attractive 3% rent increases plus market reviews at option
Tenant pays all usual outgoings
Brand new 823 sqm child care facility, licensed for 100 LDC places
Substantial 2,807 sqm main road site with 23 on-site car spaces
Strategic main road location 850m from Woolworths anchored
Coltman Plaza Shopping Centre and 950m from Alfredton Primary School
Ballarat: Victoria’s largest inland city, servicing a trade catchment of circa 100,000+ people
Substantial taxation saving depreciation
Current Income: $270,000 pa