10 year lease to G8 Education Ltd to 2025 + options to 2040
G8 Education Ltd: largest ASX listed early education child care provider with over 500 centres across Australia and Singapore
Tenant pays all outgoings including land tax
Modern purpose-built (2014) childcare facility licensed for 120 LDC places
Annual rent reviews with ‘ratchet’ provisions plus market review at option
Highly sought-after Comprehensive Development Zone, providing significant future development opportunity and upside (STCA)
Substantial 2,393 sqm site with dual street frontage of 100+ metres
Strategic position opposite both Maternal Health Centre and Woolworths – anchored shopping centre, and metres from Epping Views Primary School (1,424 students)
Capital growth location within Melbourne’s booming northern suburbs and only 20km from the CBD
Net Income: $276,265 p.a. + GST and outgoings

Private Treaty