EXISTING CHILDCARE CENTRE FOR LEASE | $200,000 P.A. | APPROX. $2,667 PER PLACE

Essentia Property, your premium childcare leasing specialists, are pleased to present 81 Ballan Road, Werribee, a rare opportunity to secure an existing purpose built childcare facility in one of Melbourne's key western growth markets.

With a highly competitive commencing rent of $200,000 per annum, equating to approximately $2,667 per place, the opportunity presents compelling entry economics for an incoming childcare operator.

The surrounding 3 kilometre catchment currently includes approximately 5,748 children aged 0 to 5, forecast to increase to approximately 6,342 by 2035, while the broader population is forecast to grow approximately 21% by 2036.

The property also benefits from an established family housing catchment, a strong concentration of surrounding schools and prominent Ballan Road exposure.

PROPERTY HIGHLIGHTS

• Existing purpose built childcare facility
• Historically approved for 75 places
• Vacant possession
• $200,000 p.a. commencing rent
• Approximately $2,667 per place
• Generous landlord rent incentive available
• Approximately 585 sqm building
• Approximately 1,744 sqm corner site
• Prominent Ballan Road exposure
• 19,000+ vehicles daily
• Strong family and school catchment
• Significant forecast population growth

A rare opportunity to secure an established childcare facility at an entry rental that is extremely difficult to replicate in today's market.

Expressions of interest are invited from qualified childcare operators.

Please contact Josh Twelftree or Clay Trembath of Essentia Property for further information or to arrange an inspection.

For more details, please email broker or call agents.