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Established Childcare Facility Leased to ASX listed - G8

29 Hudson Circuit, MEADOW HEIGHTS VIC, 3048

Sold

Property Sold in 29 Hudson Circuit, MEADOW HEIGHTS VIC, 3048

Listing ID:
11306739
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

3543 SQM
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Floor Area

809 SQM
Icon parking

Parking

N/A

Established Childcare Facility Leased to ASX listed - G8

10 year lease to G8 Education to 2023 + options to 2043
G8 Education Ltd: largest ASX listed child care provider with over 500 centres across Australia and Singapore
Annual CPI reviews plus market review at option
Tenant pays all usual outgoings
Modern 809 sqm childcare facility licensed for 143 LDC places
Significant $300,000 capital upgrade recently completed by tenant
Substantial 3,543 sqm site located within established residential precinct, opposite both Meadow Heights Shopping Centre and Meadow Heights Primary School
Strategic capital growth location within Melbourne’s rapidly evolving northern suburbs and only 17km from the CBD
Net Income: $260,002 pa + GST and Outgoings

Auction 11am AEST Wednesday 1 August 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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