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Affordable Childcare Investment Leased to G8

19-21 Greensted Grove, ROXBURGH PARK VIC, 3064

Sold

Property Sold in 19-21 Greensted Grove, ROXBURGH PARK VIC, 3064

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11300802
Status:
Sold
Price:
Price on Request
Last Updated:
15/07/2019
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Property Type

Medical/Consulting/Other/Retail
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Land Area

2039 SQM
Icon size

Floor Area

528 SQM
Icon parking

Parking

N/A

Affordable Childcare Investment Leased to G8

10 year lease to G8 Education to 2024 + options to 2044
G8 Education Ltd: largest ASX listed childcare provider with over 500 centres across Australia and Singapore
Tenant pays all usual outgoings
Modern 528 sqm child care facility licensed for 85 places and includes 3 bedroom first floor residence
Annual CPI reviews plus market review at options with ‘ratchet’ provisions
Substantial 2,039 sqm site within established residential precinct and 600 metres from ALDI, McDonald’s and Roxburgh Park train station
Strategic capital growth location within Melbourne’s rapidly evolving northern suburbs and only 18km from the CBD
Net Income: $153,628 pa (as at August 2018) + GST and Outgoings

Auction 11am AEST Wednesday 20 June 2018
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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