We are seeking suitable, experienced operators to lease a former 47 place childcare centre and additional building in the Western Suburbs of Melbourne.

We are seeking applications from APPROVED PROVIDERS with a proven track record in Childcare business management and development.

You will need to refurbish the existing centre and apply for the appropriate permits and licence. In addition to this, the adjacent hall and offices may be converted for a significant increase in the number of childcare places (subject to council approval). The site occupies a corner position with side street access and a large carpark located on a main road.

Lease: 5 years plus 5 + 5
Rent: $180,000 per annum
Reviews: CPI annually and market at renewal of term
Security Deposit: 3 months rent

All costs to refurbish are at the cost of the tenant and any plans must be approved by the landlord.

Neither landlord, agent or associated parties make any representation that this site is suitable for a childcare centre. Interested parties should make their own enquiries as to the suitability of the site for their purpose.

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ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

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