26 Olympic Avenue, MOUNT CLEAR, VIC, 3350

+ 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.

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