State of the art child care property for sale close to Ringwood

Purpose built 90 places child care centre perfectly located within walking distance to the local city centre

3 story building with easy access from the main road

30 year lease till 2051 starting with 10 years and optional renewal of 5 x 5 x 5 x 5

Annual Rent $270, 000 + GST and CPI reviews of 3%, plus market review at the end of each option

Operated by the well-experienced operator with high occupancy rate

Located metres from train station, shopping village & sports venue

Just 3-year-old architect-designed building with ample depreciation value

*Strong government support - Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*

Fixed selling price of $6,488,000

For more details, please email broker or call agents.