Melbourne Metro Childcare Investment – 15 Year Triple Net Lease

  • $4,400,000/Contact Agent

Property Description

Stonebridge National Investment Sales is pleased to present ‘G8 Education Epping’ for sale via Expressions of Interest.

The asset has the following key investment features:

– Secure 15 year net lease to 2030 + options with favourable CPI annual rent increases

– G8 Education – Dominant ASX listed childcare operator across 440+ centres nationally, market cap circa $850 million

– Well configured 2,344 sqm* site improved by modern 97 place childcare facility

– Sought after Melbourne metro location only 20 km* from CBD in key growth corridor

– Ideal childcare location nearby 11 schools within a 3 km* radius, including St Monica’s college, one of Australia’s largest Catholic schools (1,850+ students)

– Situated nearby a plethora of health providers, corporate offices and national retailers including Northern Hospital Epping, Heritage Aged Care, Epping Private Hospital, Bunnings, Total Tools and Repco

– One of Australia’s fastest growing municipalities – City of Whittlesea population forecast to grow 55% to 388,400+ residents by 2041

– Adjacent to $2 billion* ‘New Epping’ – a ground breaking mixed use development repositioning North Melbourne’s landscape, forecast to provide 5,000 new jobs and 6,500 new residents

– Net lease – tenant responsible for outgoings including management fees and structural repairs & maintenance

– Lease secured by 6 month Bank Guarantee

– Net Income $206,916 pa* + GST

*Approximate

‘G8 Education Epping’ is for sale via Expressions of Interest closing Thursday 1 December at 1pm (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for further information.

Property Code: 550

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