56 Army Road, Pakenham, VIC, 3810

Burgess Rawson is pleased to offer to the market Eden Academy Pakenham located at 56 Army Road, Pakenham (Melbourne) VIC for sale via Expression of Interest.

This opportunity has the following key investment highlights:

+ New twenty (20) year lease to 2044

+ Two (2) further ten (10) year options to 2064

+ Eden Academy: premium early education provider with a network of 45 centre’s nationally

+ Desirable 3% fixed increases

+ Tenant pays all usual outgoings

+ Brand new construction completed in August 2024, offering significant depreciation benefits

+ Strategically located within a high-demand catchment, with over 200+ families on the waitlist

+ State-of-the-art 743sqm* centre licensed for 110 LDC places & positioned on an expansive 2,139sqm* freehold site with 22 on-site car parks

+ Prominently positioned within an important schooling precinct, only 200m* from Pakenham Hills Primary School, 1km* from Pakenham Primary School & within a 3km* radius of a further six schools

+ Unmatched site positioning directly opposite the ‘Falling Water’ Residential Estate, as well as within close proximity to ‘Galway Gold’ Residential Estate, ‘Pakenham Rise’ Residential Estate & ‘Silver Gum’ Residential Estate, with 700+ as-new residential dwellings catering to a surrounding population of over 21,000* residents

+Situated off the Princess highway exposed to over 10,000 cars daily and 2.8km* from Pakenham Market Place anchored by Woolworths, Coles, Big W, complemented by 43 specialities

+Cardinia Shire: Positioned as a gateway to Gippsland and the Morning Peninsula, it has one of the highest population growth rates in Victoria expected to increase 35.28% by 2041^

+Net Income: $460,375 pa* + GST

For Sale by Expression of Interest

Closing 3:00pm AEST Thursday 26 September 2024

Please contact the exclusively appointed Burgess Rawson childcare team for more information.

*Approx.

Remember to mention you found this property on CommercialReady