A fully leased childcare centre within the rapidly growing regional suburb of Sebastopol, just 4km* from the Ballarat CBD has just hit the market, with price expectations above $4.1 million.
Located at 8 Baudinette Drive, Sebastopol, the property comprises a modern, purpose-built centre providing 110 place childcare centre with six ground level rooms and further after school room and staff amenities upstairs.
Sitting on a total site area of 2,695sq m* the property being offered with a 15 year lease in place, with two further 10 year options. The Net rental is $286,443pa* + GST and Outgoings and is exclusively for sale through Julian Heatherich, Mark Stafford and Benson Zhou of Savills Australia.
The modern two level childcare centre offers state-of-the-art design and features throughout the 1,819sq m* building. At ground level the six rooms provide care for up to 110 children, plus a cot room, and all provide significant levels of natural light, each with direct access to the extensive outdoor play area. Further to this, the ground level also provides a large commercial kitchen, reception, lounge, interview / meeting room, storage spaces and amenities.
The first floor is accessed via the staircase or internal lift and offers a large, open and light filled after school room of 87sq m* along with a large staff room with kitchen, program room, plus further storage options and amenities.
In addition to the facilities provided to both children, parents and staff, the centre boasts a large outdoor play area of 799sq m*, with associated play equipment and shading. At the entrance to the centre is a large open car park, providing 26 at grade spaces, allowing for safe and convenient pick up and drop off.
According to Julian Heatherich, Director, CBD and Metropolitan Sales at Savills Australia, “The childcare market in Australia is undergoing significant growth that is driven by the expanding population and the increasing demand for centres and child placements.
“The industry is well supported by the Australian Government, as childcare is a key component to the nation’s ongoing economic growth and success,” he said.
Immediately surrounding the property is an abundance of key retail and lifestyle amenities, including Ballarat Central shopping precinct, extensive recreational and outdoor amenity, hospitals and ample public transport options.
The property also benefits from direct proximity to the Sebastopol Village retail precinct, which offers a full line Coles, Woolworths, Aldi and other locally owned and run retail options.
According to Mark Stafford, Associate Director, Savills Melbourne at Savills Australia “The centre is ideally positioned within one of regional Victoria’s fastest growing suburban areas, in the growing Ballarat suburb of Sebastopol.
“The suburb is hugely popular, and neighbours the Bonshaw Creek precinct of the Ballarat West PSP, which is slated to provide significant commercial and residential growth over the coming years” he continued.
“There is no doubt that the surrounding level of lifestyle amenity in and around Sebastopol will continue to attract young families to the area,” concluded Mr Heatherich.
8 Baudinette Drive, Sebastopol (Ballarat) is For Sale by Expressions of Interest closing 2pm Wednesday 2 September.
*Approximate
Learn more about Savills Metropolitan & Regional Sales services.