Long Established Childcare Investment Leased to ASX Listed – G8 Education
466-468 Sayers Road , Tarneit VIC
Property Highlights
Description
+ 10 year net lease to G8 Education to 2024
+ Three further 10 year options to 2054
+ G8 Education: ASX listed with 470+ centres across Australia and Singapore
+ Annual rent reviews
+ Modern 904 sqm purpose-built child care facility licensed for 127 places
+ Prominent 2,919 sqm site with two street frontages
+ High growth area – double the national average of 0-4 year olds
+ Adjoins Thomas Carr College and St Francis of Assisi Primary School and 400 metres from the Coles and Aldi anchored Wyndham Village Shopping Centre
+ Wyndham City: one of Australia’s largest growth areas with forecast growth of 82% to 512,591 residents by 2041
+ Net Income: $305,000 pa
Auction 11am AEDT Wednesday 26 February
Crown Casino, Melbourne, VIC
Property Details