1. Home
  2. »
  3. Sold Properties
  4. »
  5. Long Established Childcare Investment | Leased to ASX Lis...

7 Village Way, PAKENHAM VIC, 3810

Sold
https://dduaaywsz-res-5.cloudinary.com/image/upload/v1602629125/qhpngljf0tq7uwyrpqm4.jpg

Property Sold in 7 Village Way, PAKENHAM VIC, 3810

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11392476
Status:
Sold
Last Updated:
14/10/2020
Price:
Price on Request
Icon building

Property Type

Retail/Medical/Consulting/Other
Icon square

Land Area

2500 SQM
Icon size

Floor Area

1000 SQM
Icon parking

Parking

N/A

Long Established Childcare Investment | Leased to ASX Listed – G8 Education

+ Secure 10 Year Net Lease to G8 Education to 2023
+ Four further 5 year options to 2043
+ G8 Education: Australia’s largest early education provider, educating more than 58,000 children per day across their 470+ centres
+ Long established and successful business acquired by G8 in 2014
+ Tenant pays all (including land tax from 2023) outgoings
+ Modern, purpose-built child care facility with approval for 120 LDC places
+ Desirable 3.5% fixed annual rent increases plus ratchet provisions at the commencement of each further term, thereby ensuring rental growth
+ Current rent below market with Market Review (with ratchet provisions) due in 2023
+ Prominent 2,500 sqm corner site directly opposite the Woolworths-anchored Lakeside Square Shopping Centre and only 200 metres from the Cardinia Road Train Station
+ Positioned within a significant education precinct (15 schools within 3km radius)
+ Cardinia Shire: One of Australia’s largest and fastest growing LGAs with forecast population growth to 200,238 (66% increase) by 2041
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019–20 financial year
+ Net Income: $262,544 pa + GST and Outgoings

Portfolio Auction 139
11am (AEST) Wednesday 23 September

For more details, please email agent


Video & Interactive Tour
Btn video

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


More properties from Burgess Rawson & Associates Pty Ltd
Sold
22-24 Ferntree Gully Road, OAKLEIGH EAST VIC, 3166

22-24 Ferntree Gu...

RetailMedical/ConsultingRetail
Sold
20-22 Gell Street, BACCHUS MARSH VIC, 3340

20-22 Gell Street...

Retail
Sold
687 Drome Street, ALBURY NSW, 2640

687 Drome Street,...

RetailShowrooms/Bulky GoodsIndustrial/Warehouse
Sold
132-136 High Street (Cnr Nolan Street), MARYBOROUGH VIC, 3465

132-136 High Stre...

RetailLand/DevelopmentShowrooms/Bulky Goods
Sold
5-7/107 Bridge Mall, BALLARAT CENTRAL VIC, 3350

5-7/107 Bridge Ma...

RetailOfficesRetail
Sold
734 Marion Road, MARION SA, 5043

734 Marion Road, ...

RetailLand/DevelopmentOther
More properties from Pakenham
For Lease
12 Tango Circuit, PAKENHAM VIC, 3810

12 Tango Circuit,...

Industrial/Warehouse
For Lease
Unit 2/3 Venture Way, PAKENHAM VIC, 3810

Unit 2/3 Venture ...

Industrial/Warehouse
For Lease
2/9 Hogan Court, PAKENHAM VIC, 3810

2/9 Hogan Court, ...

Industrial/WarehouseOffices
For Lease
3/8 Tarmac Way, PAKENHAM VIC, 3810

3/8 Tarmac Way, P...

Industrial/Warehouse
Leased
17/25 Bald Hill Road, PAKENHAM VIC, 3810

17/25 Bald Hill R...

Industrial/Warehouse
Sold
17 Tarmac Way, PAKENHAM VIC, 3810

17 Tarmac Way, PA...

Industrial/Warehouse
Loading...