54-56 Ray Street,
Castlemaine, VIC 3450
Medical & Consulting • Shops & Retail • Other
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
54-56 Ray Street
Castlemaine, VIC 3450
Map of 54-56 Ray Street
Entry Level Childcare Investment to ASX Listed Tenant
- Net lease to G8 Education to 2027
- ASX listed with 470+ centres
- Strong business with high occupancy
+ 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
+ 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
Explore property virtually
Video
Castlemaine, 3450 demographic data
The median household income for Castlemaine is $1,106, 20% lower than Regional Victoria's household income of $1,386. Castlemaine has an older age profile compared to the rest of Regional Victoria (median age 52 vs 43). Property ownership data shows 33% of property owners in Castlemaine have a mortgage.
7,506
Population
$1,106 per week
Median household income
52 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from CBRE - VIC
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Rich River Health Group, 212-218 Ogilvie Avenue,Echuca, VIC 3564 1426 m²Medical & Consulting • Development Sites & Land
Contact Agent
Country Hearing Care, 203 Ontario Avenue,Mildura, VIC 3500 429 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
Healius Pathology, 34-36 Bridge Street,Bendigo, VIC 3550 419 m²Medical & Consulting • Shops & Retail • Other