UNDER
OFFER
UNDER
OFFER
UNDER
OFFER
UNDER
OFFER
UNDER
OFFER
UNDER
OFFER
UNDER
OFFER
UNDER
OFFER
UNDER
OFFER
UNDER
OFFER
UNDER
OFFER
UNDER
OFFER

Impressive New High Occupancy Metro Childcare Investment

1028 Wellington Road, Rowville VIC

Property Highlights

New 15 yr lease to 2033 + opts to 2048

Tenant pays all outgoings inc land tax

Attractive 3% annual rent increases

Description

New 15 year lease to 2033 plus options to 2048
Annual 3% rental increases, ensuring strong rental growth
Tenant pays all outgoings including land tax
Operated and managed by ASX Listed G8 Education – 500+ child care centres nationally and with a market cap of $1.47 billion
Stunning 831 sqm purpose-built childcare facility lic for 124 places
Substantial 3,195 sqm main road land holding with 27 at grade car spaces
New construction offering substantial tax saving depreciation benefits
High exposure position with 31,000+ vehicles passing daily and situated only 600 metres from St Simon Primary School
Rowville: popular residential location only 25km south east from the Melbourne CBD and with a medium house price of $835,000
Net Income: $402,318 pa + GST and outgoings

Private Treaty

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
3,195 SQM
Gross Building Area
831 SQM

Contact Agents

Adam Thomas

+610 418 998971

Natalie Couper

0413 856 983

Al Bogdani

0413 830 707

Request Information

Stay up to date with our latest portfolio auctions & insights