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Dominant Childcare Investment with High Occupancy - Lease...

2 Moorefield Park Drive, WODONGA VIC, 3690

Sold

Property Sold in 2 Moorefield Park Drive, WODONGA VIC, 3690

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11318995
Status:
Sold
Price:
$3,000,000
Last Updated:
29/05/2020
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Property Type

Medical/Consulting/Retail/Other
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Land Area

3220 SQM
Icon size

Floor Area

744 SQM
Icon parking

Parking

N/A

Dominant Childcare Investment with High Occupancy - Leased to National Tenant

10 year lease to G8 Education Ltd to 2024 plus options to 2044
G8 Education Ltd: largest ASX listed early education childcare provider with over 500 centres across Australia and Singapore
Tenant pays all usual outgoings
Prominent 3,220 sqm corner site with favourable Commercial Zoning
Purpose-built 744 sqm child care facility licensed for 113 LDC places
Annual rent reviews plus market review at option
Located within complementary commercial/employment precinct & supported by businesses including: La Trobe University, Wodonga TAFE, The Border Mail along with numerous automotive, government & service based tenancies
Albury/Wodonga: strategically located Murray River twin-cities, recognised together as one of Australia’s largest and progressive regional centres, servicing a resident population of 170,000
Net Income: $178,236 pa + GST and outgoings

Private Treaty

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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