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Modern Childcare Investment

30 Woodcutters Grove, EPPING VIC, 3076

Sold

Property Sold in 30 Woodcutters Grove, EPPING VIC, 3076

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11318991
Status:
Sold
Price:
On Request
Last Updated:
18/03/2020
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Property Type

Medical/Consulting/Retail/Other
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Land Area

2393 SQM
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Floor Area

813 SQM
Icon parking

Parking

N/A

Modern Childcare Investment

10 year lease to G8 Education Ltd to 2025 + options to 2040
G8 Education Ltd: largest ASX listed early education child care provider with over 500 centres across Australia and Singapore
Tenant pays all outgoings including land tax
Modern purpose-built (2014) childcare facility licensed for 120 LDC places
Annual rent reviews with ‘ratchet’ provisions plus market review at option
Highly sought-after Comprehensive Development Zone, providing significant future development opportunity and upside (STCA)
Substantial 2,393 sqm site with dual street frontage of 100+ metres
Strategic position opposite both Maternal Health Centre and Woolworths - anchored shopping centre, and metres from Epping Views Primary School (1,424 students)
Capital growth location within Melbourne’s booming northern suburbs and only 20km from the CBD
Net Income: $276,265 p.a. + 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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