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Commercial Property for Sale in Drouin, VIC

Passive Investment with Long-Term Lease Security - Premium Childcare

Passive Investment With Long-term Lease Security - Premium Childcare

1

Passive Investment With Long-term Lease Security - Premium Childcare

214, Princes Way, Drouin, VIC, 3818
1241 m²  | For Sale | Other
Passive Investment $2,200,000
1241 m²
Tenanted
Secure a quality childcare investment with strong fundamentals, offering dependable income and long-term lease security. Purpose-built in 2010, this modern single-level childcare centre is licensed for 52 places and thoughtfully designed across three age-specific learning rooms, catering for children from six weeks through to five years of age. Positioned on a generous 1,241m General Residential Schedule 1 (GRZ1) allotment, the property has been continuously leased since completion and is occupied by an established childcare operator with multiple centres throughout Victoria. The current lease extends through to 2030, with three further five-year options available, providing potential tenure through to 2045. The property currently returns a passing rent of $139,185 per annum + GST, making it an attractive investment for those seeking reliable long-term income. Investment Highlights Purpose-built Childcare Centre completed in 2010 Licensed for 52 childcare places across three age-specific learning rooms High-profile Main Road location with excellent exposure Generous 1,241m landholding zoned General Residential Schedule 1 (GRZ1) Securely leased to an experienced multi-site Victorian childcare operator Current lease to 2030 with three further 5-year options through to 2045 Passing rent of $139,185 per annum + GST Proven investment with continuous tenancy since construction