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BLACKBURN SOUTH
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BLACKBURN SOUTH, VIC
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Outstanding childcare investment in the heart of Blackburn South
Richmond Street, Blackburn South, VIC, 3130
Education/training
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Child Care
POA
20 Richmond Street, Blackburn South VIC 3130Blue-Chip Childcare Investment - Long-Term Lease in PlaceSecure your future with this outstanding childcare investment in the heart of Blackburn SouthAn excellent opportunity to acquire a fully-tenanted childcare asset, leased long-term to the well-established Morning Star Bilingual Early Learning Centre (morningstarcc.com) - a much-loved local operator known for its unique English/Mandarin bilingual program and long-serving, dedicated staff.Investment Highlights:Reliable passive income - long-term lease secured with an established, reputable childcare operatorStrong holding income of approximately $8,772 per month (~$105,264 p.a.)Purpose-built childcare facility, approved for 32 children, operating 7:00am-6:30pm Monday to Friday, plus vacation careCentre has operated continuously at this site since 2012, reflecting strong tenant longevity and community trustLocated in the tightly-held, family-friendly suburb of Blackburn South, close to schools, parks and public transportChildcare assets continue to attract strong investor demand thanks to essential-service tenancy, long lease terms and low ongoing managementIdeal for SMSF investors or those seeking a defensive, income-producing addition to their portfolioA trusted centre. A dependable investment.With a well-regarded operator in place and years of consistent occupancy, 20 Richmond Street offers investors the kind of stability that's increasingly hard to find.
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