SOLD

54-56 Ray Street, Castlemaine, VIC 3450

Entry Level Childcare Investment to ASX Listed Tenant

+ G8 Education: Australia’s largest ASX-listed early education provider, educating more than 58,000 children per day across their 470+ centres
+ Tenants pay all outgoings including: maintenance, land tax, rates, insurances and management fees
+ Annual CPI reviews
+ Purpose-built child care centre licensed for 70 LDC places with recent capital upgrade
+ Castlemaine: popular tree change location within easy access of Melbourne’s CBD
+ Mount Alexander Shire: Home to 19,754 people, supporting 7,099 jobs and an annual economic output of $2.318 billion
+ 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: $106,594 pa + GST

For Sale for Investment Portfolio Auction
11AM (AEDT) Wednesday 24 February 2021

Also available for sale within the Portfolio:
382 Main Street, Bairnsdale VIC
https://bit.ly/3sYRaVP
Read more

Property Info

Municipality
Castlemaine

AUCTION

Wednesday, 24 Feb 2021
11:00 am
  • 2,422 Sqm

Adam Thomas

03 961 ...

Natalie Couper

(03) 9 ...

Burgess Rawson Melbourne Melbourne

Level 7, 140 Bourke Street

Melbourne, VIC 3000

Tel: 03 9613 0400

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