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156 Wellington Street, Wallan, Vic 3756

156 Wellington Street, Wallan, Vic 3756

Retail Medical/Consulting Other

  • Sold Contact Agent
  • Tue 06-Aug-19

SOLD

  • EOI closing 10th July @ 4pm
  • Lease to reputable national provider
  • Significant depreciation allowances

  • Land Area
  • 3355.00 m² (approx)
  • Floor Area
  • 700 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Sep 10, 2019
  • Municipality
  • Mitchell Shire Council
  • Car Spaces
  • 25
  • Parking Comments
  • On site
  • Zoning
  • General Residential Zone

Interested in this property? Contact an Agent today

Mulcahy Butera - Melbourne

55 Walsh Street

West Melbourne Vic 3003

SOLD

Mulcahy Butera is delighted to offer for sale 156 Wellington Street Wallan, a securely leased Early Learning/Childcare investment occupied by a reputable and nationally based service provider.

The ‘Journey Early Learning Group’ is one of Australia’s premier service providers in the expanding early learning and child care sector. This investment provides significant financial benefits with a proven occupier in place plus a quality building in a highly-valued and rapidly expanding suburb.

Key Investment highlights:

Licensed for 110 places

Long term lease to ‘Journey Early Learning Group’

$236,900 NET plus GST

Annual fixed 3% rental reviews

Rental Guarantee equivalent to 6 months rental

Purpose built in 2017, the offering comprises a reception, classrooms, kitchen, staff and separate children’s amenities and laundry.

Building Features include:

• Classrooms with direct access the children’s bathroom.
• Vinyl and carpet floor coverings
• Fitted storerooms
• Quality appliances in kitchen and staff room
• Air-conditioning
• Aluminum windows between rooms

156 Wellington Street, Wallan, Vic 3756

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