SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Largest ASX Listed Childcare Provider

80-88 Ballan Road, WERRIBEE VIC

Description

Renewed 5 year lease to G8 Education to 2020.
Two further 5 year options to 2030.
G8 Education Ltd: largest ASX listed child care provider with over 450 centres nationally.
Tenant pays all usual outgoings including land tax.
Annual rent reviews plus market reviews at options.
Modern purpose-built facility, licensed for 131 places.
Strong underlying business acquired by G8 Education in 2011.
Prominent 3,000 sqm main road site with 88 metre street frontage.
Wyndham City: one of the largest growth areas in Australia and expected to grow by a further 377,000 residents and with an additional 164,000 jobs over the next 30 years.
Net Income: $279,125 pa (January 2017).

Auction 11am AEDT Wednesday 26 October 2016
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
3,000 SQM
Gross Building Area
1 SQM

Contact Agents

Adam Thomas

0418 998 971

Natalie Couper

0413 856 983

Request Information

Stay up to date with our latest portfolio auctions & insights