Childcare Asset For Sale
We are excited to be presenting to the market our Bulleen Childcare center for sale with Burgess Rawson at the end of month.
This is a highly sought-after essential service asset class coupled with the government’s recently announced subsidies for the sector, the asset class is now trading at sub 4% yields.
The centre is a brand new building, 15 year lease with two further 10 year options to a tenant with centres spread out across the country.
The building is architecturally designed with a multi-level facility with approval for 128 long stay places.
The property sits on a prominent 1,933 sqm main road site with 20,000 + vehicles passing daily, 200 metres from the Eastern Freeway interchange, within easy access to both Bulleen and Manningham Road.
The Alpha14 team boasts more than 50 years collective industry experience developing and managing projects, spanning the commercial, industrial, retail, childcare, and residential sectors in some of Melbourne’s most sought-after and inner-city locations.
For more information on our projects, experience, or joint venture and partnerships, contact: projects@alpha14.com.au
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