174 Jobs Gully Road,
Bendigo, VIC 3550
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
174 Jobs Gully Road
Bendigo, VIC 3550
Map
High Occupancy Childcare Investment | Leased to ASX Listed G8 Education
- 15 Year Net Lease + options to 2046
- Fixed 4% annual rent increases
- Substantial 3,031 sqm site
+ Secure 15 year net lease to G8 Education to 2031
+ Three further 5 year options to 2046
+ G8 Education Ltd (ASX:GEM): Australia’s largest listed childcare provider, educating more than 58,000 children daily
+ Attractive 4% annual rent increases, plus ‘ratchet’ provisions at market review, guaranteeing rental growth
+ Strong trading business with consistent occupancy of 95%
+ Tenant pays all outgoings including land tax and management fees
+ As new purpose-built child care facility, licensed for 124 LDC places
+ Substantial 3,031 sqm landholding with 30 on-site car spaces
+ Bendigo: One of Victoria’s largest inland Cities with a resident population forecast to grow to over 155,000 by 2036
+ 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: $352,829 pa + GST
For Sale by Investment Portfolio Auction
11.15am (AEDT) Thursday 11 November 2021
*Mitchell Institute, Australian Investment in Education: Early Learning.
+ Three further 5 year options to 2046
+ G8 Education Ltd (ASX:GEM): Australia’s largest listed childcare provider, educating more than 58,000 children daily
+ Attractive 4% annual rent increases, plus ‘ratchet’ provisions at market review, guaranteeing rental growth
+ Strong trading business with consistent occupancy of 95%
+ Tenant pays all outgoings including land tax and management fees
+ As new purpose-built child care facility, licensed for 124 LDC places
+ Substantial 3,031 sqm landholding with 30 on-site car spaces
+ Bendigo: One of Victoria’s largest inland Cities with a resident population forecast to grow to over 155,000 by 2036
+ 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: $352,829 pa + GST
For Sale by Investment Portfolio Auction
11.15am (AEDT) Thursday 11 November 2021
*Mitchell Institute, Australian Investment in Education: Early Learning.
Additional information
External websites
Property ID: 503924258Last Updated: 5 Jan 2022
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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
Amiga Montessori, 384-386 Midland Highway,White Hills, VIC 3550 829 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
Bendigo Medical , 63-65 Bridge Street,Bendigo, VIC 3550 715 m²Medical & Consulting • Offices • Other
Contact Agent
Dorevitch Pathology & Coliban Water, 30-32 Bridge Street,Bendigo, VIC 3550 999 m²Offices • Medical & Consulting • Shops & Retail