Sold

Journey Early Learning, 21 McIntyre Street,
Seymour 3660, Victoria

3,641m² land size
1m² building size
Medical/Consulting

Price withheld


Property details

Passive 15 Year Leased Brand New Childcare

Ray White Retail are proud to present Journey Early Learning Seymour. For sale by Offers To Purchase at 6.25% ($6,600,000)

|What|
• Brand new 2025 childcare licensed for 126 places
• 15-year net lease to 2040
• A further 30 years of options through to 2070
• Leased to Journey Early Learning, a national operator with 43 locations across the country
• Net Income of $413,196 + GST p.a.

|Where|
• 3,641sqm* corner land parcel
• 27 on-site car parks
• Directly adjacent to a key Prep-Year 12 school providing a highly captive catchment
• Less than 350 metres from Seymour train station, with direct services to Melbourne
• Seymour - 90 minutes drive from Melbourne with a growing family population

|Why|
• Potential for 50% stamp duty concessions available
• Substantial depreciation benefits still able to be claimed with a first-class build quality
• A true set & forget investment where the rent keeps rolling in
• 3% fixed annual increases guaranteeing rental growth to over $614,000 p.a. during the current term

*Approximately

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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