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Impressive Childcare Investment Leased to G8 Education

19-25 Princes Circuit, CRAIGIEBURN VIC, 3064

Sold

Property Sold in 19-25 Princes Circuit, CRAIGIEBURN VIC, 3064

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11271236
Status:
Sold
Price:
Price on Request
Last Updated:
15/07/2019
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Property Type

Medical/Consulting/Retail/Other
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Land Area

2628 SQM
Icon size

Floor Area

798 SQM
Icon parking

Parking

N/A

Impressive Childcare Investment Leased to G8 Education

Secure 10 year leases to G8 Education Limited to June 2022
G8 Education Ltd: largest ASX listed early education provider with over 500 centres across Australia and Singapore, and with a market cap of $2billion
Highly desirable 4% annual rental increases plus market review at options
Modern 798 sqm child care facility, licensed for 121 places
Tenant pays all usual outgoings including management fees
Large 2,628 sqm corner site in the heart of Melbourne’s northern growth corridor, 150 metres from Craigieburn Primary School and 500 metres from the intersection connecting the Hume Highway & Bunnings Craigieburn
Well maintained facilities recently upgraded by G8 Education
Net Income: $288,493 pa + GST

Also available for sale:
58-62 Aylmer Road (corner Elliot Parade), Lynbrook VIC
www.realestate.com.au/502618338

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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