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54-56 Ray Street, CASTLEMAINE, VIC, 3450
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54-56 Ray Street, CASTLEMAINE, VIC, 3450

2. Property Highlights

Entry Level Childcare Investment to ASX Listed Tenant
  • Net lease to G8 Education to 2027
  • ASX listed with 470+ centres
  • Strong business with high occupancy

+ G8 Education: Australia’s largest ASX-listed early education provider, educating more than 58,000 children per day across their 470+ centres

+ Tenants pay all outgoings including: maintenance, land tax, rates, insurances and management fees

+ Annual CPI reviews

+ Purpose-built child care centre licensed for 70 LDC places with recent capital upgrade

+ Located within Regional Victoria and eligible for 50% stamp duty concession

+ Castlemaine: popular tree change location within easy access of Melbourne’s CBD

+ Mount Alexander Shire: Home to 19,754 people, supporting 7,099 jobs and an annual economic output of $2.318 billion

+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year

+ Net Income: $106,594 pa + GST

For Sale for Investment Portfolio Auction

11AM (AEDT) Wednesday 24 February 2021

Also available for sale within the Portfolio:

382 Main Street, Bairnsdale VIC

https://bit.ly/3sYRaVP

Remember to mention you found this property on CommercialReady.com.au

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Natalie Couper
Natalie Couper
+61 *** *** *** show +61 413 856 983
Adam Thomas
Adam Thomas
+61 *** *** *** show +61 418 998 971

3. Property Location

54-56 Ray Street, CASTLEMAINE, VIC, 3450

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4. Due Diligence

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54-56 Ray Street, CASTLEMAINE, VIC, 3450 Castlemaine
Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 20/150 Lonsdale St, Melbourne VIC 3000
Natalie Couper
Natalie Couper
+61 *** *** *** show +61 413 856 983
Adam Thomas
Adam Thomas
+61 *** *** *** show +61 418 998 971
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