14 Plantation Road

Corio VIC 3214

+ Renewed 10 year net lease to 2032.
+ Two further ten year options to 2052.
+ Happy Feet Early Learning Centre: Established local operators with 4 proven centres.
+ Desirable annual CPI reviews.
+ Purpose-built childcare facility, licensed for 120 LDC places.

Nurture Kids Therapy:
+ Brand new three year net lease 2025.
+ Two further three year options to 2031.
+ Nurture Kids Therapy: highly regarded occupational therapist specialising in the development of children's gross and fine motor skills, physical movement, and emotional intelligence.
+ Fixed 3% annual rent increases.

+ Tenants pay all usual outgoings.
+ Substantial 3,103sqm main road location, metres from Princes highway with exposure to 24,500 passing vehicles and only 8 kilometres from the Geelong CBD.
+ Strategically positioned 250 metres from the Geelong Gate Homemaker Centre underpinned by 16 national retailers including Harvey Norman, BCF, Chemist Warehouse, Domino's Pizza and within close proximity to the Corio Village Shopping Centre anchored by major retailers Coles, Woolworths, Kmart, McDonald's and 92 speciality stores.
+ Geelong: Victoria's largest regional city, home to 274,000 residents and with an economic output of $34.8 billion*
+ Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding. In 2022 the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
+ Combined Net Income: $305,275 pa* + GST

For Sale by Private Treaty

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

Burgess Rawson:
Natalie Couper: 0413 856 983
Adam Thomas: 0418 998 971
Sam Mercuri: 0413 830 709

Conjunctional Agent:
David Knuppel
0412 393 829
childcarebrokers@bigpond.com.au

*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).