Long Established Childcare Investment Leased to Goodstart – Australia’s Largest Operator
112 Northern Highway , Echuca VIC
Property Highlights
Description
+Renewed lease to Goodstart to 2025
+Two further 5 year options to 2035
+Goodstart Early Learning: Australia’s largest early education provider with 664 centres nationally
+Annual CPI rent reviews
+Tenant pays all usual outgoings
+Well-maintained child care centre, licensed for 91 LDC places
+Long-established centre with high occupancy
+Substantial 2,794 sqm highway site with exposure 15,000+ vehicles passing daily
+Situated with close proximity to 5 schools and Echuca town centre including national retailers Aldi, Coles and Woolworths
+Echuca: popular Murray River tourist location with a trade catchment of circa 50,000 people plus year-round holiday influx
+Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
+Income: $201,720 pa + GST
For Sale by Private Treaty
*approx
Property Details