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Affordable Childcare Investment Leased to G8

19-21 Greensted Grove, Roxburgh Park VIC

Property Highlights

10 Yr lease to G8 + options to 2044

G8 Education - ASX listed 500+ centres

Annual reviews + 'ratchet' provisions

Description

10 year lease to G8 Education to 2024 + options to 2044
G8 Education Ltd: largest ASX listed childcare provider with over 500 centres across Australia and Singapore
Tenant pays all usual outgoings
Modern 528 sqm child care facility licensed for 85 places and includes 3 bedroom first floor residence
Annual CPI reviews plus market review at options with ‘ratchet’ provisions
Substantial 2,039 sqm site within established residential precinct and 600 metres from ALDI, McDonald’s and Roxburgh Park train station
Strategic capital growth location within Melbourne’s rapidly evolving northern suburbs and only 18km from the CBD
Net Income: $153,628 pa (as at August 2018) + GST and Outgoings

Auction 11am AEST Wednesday 20 June 2018
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,039 SQM
Gross Building Area
528 SQM

Contact Agents

Adam Thomas

+610 418 998971

Natalie Couper

0413 856 983

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