Brand New 10 Year Lease to ASX Listed Tenant

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.

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Contact agents
Adam Thomas Partner | Managing Director QLD
0418 998 971
Shaun Venables Partner
0411 860 865
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BRUNSWICK EAST, VIC

Level 5, 1 Weston Street

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