24 Lakeview Drive,
Lilydale, VIC 3140
Medical & Consulting • Shops & Retail • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
24 Lakeview Drive
Lilydale, VIC 3140
Map of 24 Lakeview Drive
Entry Level Childcare Investment | Renewed 10 Year Net Lease to 2025
- 10 year net lease + option to 2035
- Established business of 30+ years
- Lilydale: popular Yarra Valley location
+ Secure 10 year net lease to Lakeview Childcare to 2025.
+ One further 10 year option to 2035.
+ Lakeview Childcare: established & successful local business of 30+ years.
+ Strong-trading business with high occupancy and rated “Exceeding” under the National Quality Framework (NQF).
+ Tenant pays all usual outgoings.
+ Purpose built and well maintained child care facility, with service approval for 38 LDC places.
+ Strategically positioned 885 sqm site within an established and evolving residential precinct.
+ Located 1.9km from both the Coles-anchored Lilydale Village Shopping Centre and Lilydale’s commercial precinct including Bunnings, Big W, Woolworths and ALDI.
+ Lilydale: popular Yarra Valley suburb, located 34 kilometres from the Melbourne CBD.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $71,380 pa + GST.
For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021
*Mitchell Institute, Australian Investment in Education: Early Learning.
+ One further 10 year option to 2035.
+ Lakeview Childcare: established & successful local business of 30+ years.
+ Strong-trading business with high occupancy and rated “Exceeding” under the National Quality Framework (NQF).
+ Tenant pays all usual outgoings.
+ Purpose built and well maintained child care facility, with service approval for 38 LDC places.
+ Strategically positioned 885 sqm site within an established and evolving residential precinct.
+ Located 1.9km from both the Coles-anchored Lilydale Village Shopping Centre and Lilydale’s commercial precinct including Bunnings, Big W, Woolworths and ALDI.
+ Lilydale: popular Yarra Valley suburb, located 34 kilometres from the Melbourne CBD.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $71,380 pa + GST.
For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021
*Mitchell Institute, Australian Investment in Education: Early Learning.
Explore property virtually
Video
Property ID: 503897518Last Updated: 23 Nov 2021
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
358-360 Mt Dandenong Road,Croydon, VIC 3136 1 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
11 & 15 Kimberley Drive,Chirnside Park, VIC 3116 979 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
Kofi Beans , 137-139 Main Street,Croydon, VIC 3136 160 m²Shops & Retail • Medical & Consulting • Offices