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Ararat VIC 3377

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Land area: 1270m2
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Proposed 65 Placement Childcare Center For Sale/Lease

Proposed contemporary childcare center for sale/lease.
Ausfortune lease team is proudly to present this magnificent childcare center for our future childcare operator. It has proposed children 65 placement with high-exposure site next to the only public college in town. The estimated care fee for each kid is $130 per kid per day.
Ararat is a major town in Victoria north west corridor, an area projected to accommodate a population of over 8300 and approx 400 children between 0-4 years old. There are only 3 full time long day childcare centers in town and all centers reach out of capacity with a long wating list.
The proposed childcare center has a total site area of 1,256 SQM and a lease term of 14 years and 364 days (15 years less 1 day) + 10 + 10. The rent reviews are fixed at 3.5% annually, and there will be market reviews at the expiration of the term.
The proposed childcare center's location, combined with the area's projected growth, makes it an excellent opportunity for operators looking to invest/operate in childcare services.

Property Details for Contact Agent For Address, Ararat

Building Type
Commercial
Land Size
1270m2

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About Ararat 3377

The size of Ararat is approximately 161.2 square kilometres. It has 25 parks covering nearly 14.9% of total area. The population of Ararat in 2011 was 8,076 people. By 2016 the population was 8,298 showing a population growth of 2.7% in the area during that time. The predominant age group in Ararat is 50-59 years. Households in Ararat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ararat work in a labourer occupation. In 2011, 70.9% of the homes in Ararat were owner-occupied compared with 68.1% in 2016.

Ararat has 4,702 properties.

    There are currently 47 properties listed for sale, and 18 properties listed for rent in Ararat on OnTheHouse. According to CoreLogic's data, 198 properties were sold in the past 12 months in Ararat.

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    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.