Childcare Centre, 67 Balmoral Avenue,
Springvale, VIC 3171
Medical & Consulting • Shops & Retail
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Map of Childcare Centre, 67 Balmoral Avenue
Outstanding Childcare Investment Leased to G8 Education
- 10 year lease to G8 Education to 2024
- Four further 5 year options to 2044
- Min 4% rent increases
Secure 10 year lease to G8 Education 2024
Three further 5 year options to 2039
G8 Education Ltd: largest ASX listed early education provider with over 450 centres nationally and a market cap of $1.48 billion
Minimum 4% annual rental increase plus ‘ratchet’ provisions at market review ensuring guaranteed rental growth
Well maintained child care facility licensed for 60 LDC places
Tenant pays all usual outgoings including management fees
Strategic 1,143 sqm corner site opposite the sold out “Carre Residences” – a large scale residential development comprising 239 townhouses
Springvale: highly sought-after and established location 20km south-east from Melbourne’s CBD
Net income: $152,718 pa + GST
Auction 11am AEST Wednesday 5 April 2017
River Room, Crown Casino, Melbourne
Three further 5 year options to 2039
G8 Education Ltd: largest ASX listed early education provider with over 450 centres nationally and a market cap of $1.48 billion
Minimum 4% annual rental increase plus ‘ratchet’ provisions at market review ensuring guaranteed rental growth
Well maintained child care facility licensed for 60 LDC places
Tenant pays all usual outgoings including management fees
Strategic 1,143 sqm corner site opposite the sold out “Carre Residences” – a large scale residential development comprising 239 townhouses
Springvale: highly sought-after and established location 20km south-east from Melbourne’s CBD
Net income: $152,718 pa + GST
Auction 11am AEST Wednesday 5 April 2017
River Room, Crown Casino, Melbourne
Property ID: 502320906Last Updated: 3 May 2021
Childcare Centre, 67 Balmoral Avenue
Springvale, VIC 3171
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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