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112 Northern Highway, ECHUCA, VIC, 3564

+15 Photos

+17 Photos

SOLD

112 Northern Highway, ECHUCA, VIC, 3564

Properties / Sold / Victoria / Echuca

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

2,794 m² (*approx)

Floor Area

1 m² (*approx)

Property Type

Retail, Child/Healthcare, Other

Terms

Renewed lease to 2025

Est. Income

$201,720 p/a

Fully Leased

Goodstart Early Learning

Show All

2. Property Highlights

Long Established Childcare Investment Leased to Goodstart – Australia’s Largest Operator

Renewed net lease to 2025 + options
National provider with 664 centres
Annual CPI rent reviews

+Renewed lease to Goodstart to 2025

+Two further 5 year options to 2035

+Goodstart Early Learning: Australia’s largest early education provider with 664 centres nationally

+Annual CPI rent reviews

+Tenant pays all usual outgoings

+Well-maintained child care centre, licensed for 91 LDC places

+Long-established centre with high occupancy

+Substantial 2,794 sqm highway site with exposure 15,000+ vehicles passing daily

+Situated with close proximity to 5 schools and Echuca town centre including national retailers Aldi, Coles and Woolworths

+Echuca: popular Murray River tourist location with a trade catchment of circa 50,000 people plus year-round holiday influx

+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*

+Income: $201,720 pa + GST

For Sale by Private Treaty

*approx

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