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Childcare Centre, 15-19 White Street Kilmore, VIC 3764


Childcare Centre, 15-19 White Street,
Kilmore, VIC 3764

Medical & Consulting • Offices • Shops & Retail

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Map of Childcare Centre, 15-19 White Street


Highly Sought After Childcare Investment

  • 15 yr lease to G8 Education to 2031
  • G8: ASX listed with 450+ centres
  • 4% rent increases w ratchet provisions
Secure 15 year lease to G8 Education Limited
G8 Education Ltd: largest ASX listed childcare provider with over 480 centres nationally and a market cap of $1.48 billio
Three further 5 year options to 2046
Highly desirable 4% annual rental increases plus ‘ratchet’ provisions (i.e. rent cannot reduce) at market review, ensuring guaranteed rental growth
Tenant pays all usual outgoings including management fees
Well presented child care facility licensed for 60 places
Substantial 2,540 sqm corner site opposite Kilmore Leisure Centre and 450 metres from both Kilmore and St Patrick’s Primary Schools
Long established and proven businesses acquired and recently upgraded by G8 Education
Easily managed, single tenanted investments
Net income: $114,400 pa + GST

Auction 11am AEST Wednesday 17 May 2017
River Room, Crown Casino, Melbourne

Property ID: 502372222Last Updated: 3 May 2021 logo
Childcare Centre, 15-19 White Street
Kilmore, VIC 3764
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