Brand New 10 Year Lease to ASX Listed Tenant
Level 5, 1 Weston Street , BRUNSWICK EAST VIC
Description
Brand new 10 year lease plus options to 2039, recently assigned to G8 Education
State of the art 1,430 sqm penthouse child care facility, licensed for 90 LDC places.
Entire fifth floor of the ‘Seed’s’ building, within the recently completed 411 apartment development on the historic Tip Top site.
Annual CPI rent reviews.
8 on title car spaces plus at grade drop off area.
Tenant pays all usual outgoings.
Strategic ‘high demand’ location metres from Lygon Street tram stop and 4km from Melbourne CBD
G8 Education Ltd: ASX listed childcare operator with 350+ centres nation wide
Significant taxation savings depreciation.
Rent: $225,000 pa.
Auction 11am Wed 17 Sept, River Room Crown Casino.
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Building Area
1,430 SQM