1108 Geelong Road,
Mount Clear, VIC 3350
Medical & Consulting • Shops & Retail • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
1108 Geelong Road
Mount Clear, VIC 3350
Map of 1108 Geelong Road
Renewed 10 Year Net Lease to Australia’s Largest Childcare Provider
- 10 + 10 + 10 year net lease to 2052
- National provider with 664 centres
- Large 2,110sqm main road site
+Renewed 10 year net lease to Goodstart Early learning to 2032.
+Two Further 10 year options to 2052.
+Goodstart Early Learning: Australia’s largest early education provider with 664 centres nationally.
+Annual rent increases to the greater of 3% or CPI.
+Tenant pays all outgoings including land tax.
+Well-maintained child care centre, licensed for 105 LDC places.
+Large 2,110sqm main road site, within close proximity to four schools and only 4 kilometres from Ballarat’s commercial centre.
+Ballarat: one of Australia’s fastest growing regional cities, projected 19% population growth by 2026.
+Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.**
+Net Income: $199,500 pa*.
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 30th March 2022
Crown Casino - River Room
**Mitchell Institute, Australian Investment in Education: Early Learning.
+Two Further 10 year options to 2052.
+Goodstart Early Learning: Australia’s largest early education provider with 664 centres nationally.
+Annual rent increases to the greater of 3% or CPI.
+Tenant pays all outgoings including land tax.
+Well-maintained child care centre, licensed for 105 LDC places.
+Large 2,110sqm main road site, within close proximity to four schools and only 4 kilometres from Ballarat’s commercial centre.
+Ballarat: one of Australia’s fastest growing regional cities, projected 19% population growth by 2026.
+Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.**
+Net Income: $199,500 pa*.
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 30th March 2022
Crown Casino - River Room
**Mitchell Institute, Australian Investment in Education: Early Learning.
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Property ID: 504020319Last Updated: 27 Jul 2023
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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