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Dominant Childcare Investment with High Occupancy – Leased to National Tenant

2 Moorefield Park Drive , Wodonga VIC

Property Highlights

10 yr lease to G8 + options to 2044
G8: ASX listed with 500+ centres
3,220 sqm Commercial Zoned site

Description

10 year lease to G8 Education Ltd to 2024 plus options to 2044
G8 Education Ltd: largest ASX listed early education childcare provider with over 500 centres across Australia and Singapore
Tenant pays all usual outgoings
Prominent 3,220 sqm corner site with favourable Commercial Zoning
Purpose-built 744 sqm child care facility licensed for 113 LDC places
Annual rent reviews plus market review at option
Located within complementary commercial/employment precinct & supported by businesses including: La Trobe University, Wodonga TAFE, The Border Mail along with numerous automotive, government & service based tenancies
Albury/Wodonga: strategically located Murray River twin-cities, recognised together as one of Australia’s largest and progressive regional centres, servicing a resident population of 170,000
Net Income: $178,236 pa + GST and outgoings

Private Treaty

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
3,220 SQM
Building Area
744 SQM

Price

$3,000,000

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