Burgess Rawson are pleased to offer to the market 106 Mcleod Road, Carrum VIC 3197 for sale via Burgess Rawson Investment Portfolio Auction 176.
The property has the following investment highlights:
+ Renewed ten (10) year net lease to 2034
+ One (1) further ten (10) year option to 2044
+ G8 Education: Australia's largest ASX-listed childcare provider, educating more than 40,000 children daily across 400+ locations
+ Highly sought-after CPI + 2% annual rent increases
+ Tenant pays 100% of outgoings including land tax
+ Impressive 54 LDC place, purpose built childcare facility, including 10 on title car spaces with a history of consistent strong occupancy
+ Prominent 938sqm* landholding with dual street frontage to Mcleod Road and Nellie Lane & with direct access to the Mornington Peninsula Freeway (30,000+ passing vehicles daily*)
+ Situated within 1km* of Lakeview Shopping Centre, anchored by Woolworths, Coles, Australia Post, Snap Fitness, Pizza Hut, Liquorland & supported by 15+ specialty retailers
+ Strategically located within 35km* of the Melbourne CBD and part of a strong schooling catchment, with five (5) schools located within a 2km* radius combining to service 2,974 full-time students*
+ Deliberately positioned within a 5km* radius of 59,413 residents*, including 4,446 children* aged 0-5, driving robust trade and sustained performance for the centre
+ City of Kingston: GRP of $13.06 billion and a population set to increase by 16.3%
+ Childcare/Early Education is an essential service asset class with both Federal & State Government's allocating over $16 billion in funding for FY25, including $3.6 billion supporting wages and $1 billion to expand access in under served areas
+ Net Income: $217,935 pa* + GST (as at 1 July 2025)
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 14 May 2025
Garden Room, Melbourne Crown Casino
For further information please contact the exclusively appointed Burgess Rawson team for more information.
