New 20 year lease to Beginnings Early Learners to 2038
Two generous 10 year options
Brand new 929 sqm child care facility, licensed for 130 LDC places
Triple net lease with the tenant responsible for all outgoings including: insurance, maintenance, repairs (capital & structural) plus multiple holding land tax
Annual 3% rent increases with ‘ratchet’ provision, ensuring rent cannot reduce
Substantial 3,098 sqm corner with 28 on-site car spaces
Alfredton: adjoins Lucas – Ballarat’s largest master-planned community and within the Ballarat West Growth Zone, expected to create up to 9,000 jobs & inject $5 billion per annum into the Ballarat economy over the next 20 years
Ballarat: Victoria’s largest inland city and currently servicing a trade catchment of circa 400,000+ people
New construction with substantial tax saving depreciation benefits
Net Income: $351,000 p.a. + GST and Outgoings

For Sale by Private Treaty