Great Beginnings , 26 Olympic Avenue,
Mount Clear, VIC 3350
Medical & Consulting • Shops & Retail • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Great Beginnings , 26 Olympic Avenue
Mount Clear, VIC 3350
Map of Great Beginnings , 26 Olympic Avenue
20 Year Triple Net Lease to Australia’s Largest ASX Listed Operator
- Fixed 3% annual rent increases
- G8 Education – 470+centres
- Substantial 2,805sqm corner site
+ Secure 20 year triple net lease to G8 Education to 2037
+ Three further Ten year options to 2067
+ G8 Education Ltd (ASX:GEM): Australia’s largest listed child care provider, $1.09b* market cap, educating more than 58,000 children daily across 470+ locations
+ Fixed 3% annual rent increases
+ Tenant pays 100% of outgoings including: all maintenance (capex & structural), rates, land tax, insurance and management fees
+ Purpose-built 860sqm childcare centre constructed 2017, licensed for 126 LDC places.
+ Large 2,805sqm corner site, located 540 metres from four schools and only 5.4 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: $278,984* pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 22 June 2022
Crown Casino - River Room
* Approx.
**Mitchell Institute, Australian Investment in Education: Early Learning.
+ Three further Ten year options to 2067
+ G8 Education Ltd (ASX:GEM): Australia’s largest listed child care provider, $1.09b* market cap, educating more than 58,000 children daily across 470+ locations
+ Fixed 3% annual rent increases
+ Tenant pays 100% of outgoings including: all maintenance (capex & structural), rates, land tax, insurance and management fees
+ Purpose-built 860sqm childcare centre constructed 2017, licensed for 126 LDC places.
+ Large 2,805sqm corner site, located 540 metres from four schools and only 5.4 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: $278,984* pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 22 June 2022
Crown Casino - River Room
* Approx.
**Mitchell Institute, Australian Investment in Education: Early Learning.
Explore property virtually
Video
Property ID: 504080547Last Updated: 1 Aug 2023
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Colliers - MelbourneLevel 30, 367 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Colliers - BallaratLevel 2, 210 Sturt Street
BALLARAT CENTRAL, VIC 3350
BALLARAT CENTRAL, VIC 3350
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
1108 Geelong Road,Mount Clear, VIC 3350 610 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
National Australia Bank, 1001-1005 Sturt Street,Ballarat Central, VIC 3350 1242 m²Shops & Retail • Offices • Medical & Consulting