Impressive Childcare Investment Leased to G8 Education

Description

Secure 10 year leases to G8 Education Limited to June 2022
G8 Education Ltd: largest ASX listed early education provider with over 500 centres across Australia and Singapore, and with a market cap of $2billion
Highly desirable 4% annual rental increases plus market review at options
Modern 798 sqm child care facility, licensed for 121 places
Tenant pays all usual outgoings including management fees
Large 2,628 sqm corner site in the heart of Melbourne’s northern growth corridor, 150 metres from Craigieburn Primary School and 500 metres from the intersection connecting the Hume Highway & Bunnings Craigieburn
Well maintained facilities recently upgraded by G8 Education
Net Income: $288,493 pa + GST

Also available for sale:
58-62 Aylmer Road (corner Elliot Parade), Lynbrook VIC
www.realestate.com.au/502618338

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Contact agents
Adam Thomas Partner | Managing Director QLD
0418 998 971
Natalie Couper Partner
0413 856 983
Shaun Venables Partner
0411 860 865
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Craigieburn, VIC

19-25 Princes Circuit

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 117

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