Renewed Lease to Australia’s Largest Childcare Provider

1848 geelong road, mount helen vic

Price: $4,350,000

  • Goodstart EL - 645 centres nationally
  • Fixed 5% annual rent increases
  • Ballarat - Vic's largest inland city

Property Details

Renewed 5 year lease to Goodstart to 2022 plus options to 2032.
Long trading and successful facility established in 2005.
Goodstart: Australia’s largest early education provider with annual turnover of $900m and providing education to 70,000 children across 645 centres.
Fixed 5% annual rental increases plus market review at options.
Modern, purpose-built 120 place child care facility on high profile 3,187 sqm site.
Strategic position opposite the Ballarat Technology Park, with tenants including: Ambulance Victoria, ESTA, IBM, SRO and Federation University.
Ballarat: Victoria’s largest inland city servicing a trade catchment of approx 400,000 people.
Net Income: $248,212 pa.

Featured Details

Current Tenant Tenanted
Gross Building Area 1 sqm
Land Size 3,187 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001846

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E

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