Stonebridge National Investment Sales is pleased to present 'G8 Education Lyndhurst (Melbourne)' for sale via National Portfolio Auction on Tuesday 31 October at 11am (AEDT).
The asset has the following key investment features:
- Long 22 year net lease to 2038 + options to 2048 with uncapped CPI annual rent increases
- G8 Education Dominant ASX listed childcare operator across 448+ centres nationally, market cap circa $870 million
- Valuable 2,594 sqm* site seamlessly integrated with Woolworths-anchored 'Marriot Waters' shopping centre (40+ speciality shops), improved by 99 place childcare facility
- Strategic childcare position just 300 m* to the largest school in the catchment 'Lyndhurst Primary' (935+ students), and a further 6 schools in a 3 km* radius
- Strong performing 99 place centre trading at high occupancy with sprawling playscape and 23 at-grade car parks, offering excellent depreciation benefits
- Attractive growth upside through adjoining greenfield development sites, supporting influx of workers into precinct
- Core position within 130ha* 'Marriot Waters' master planned development and neighbouring 460-lot 'Aquarevo Estate'
- Strong connectivity Situated 35 minutes to Melbourne CBD, serviced by major arterials South Gippsland Highway and Western Port Highway (total 125,200+ vehicles daily), plus Merinda Train Station
- Rare opportunity to uplift rental at 2027 mid-term market review junction
- City of Casey Key Melbourne metro growth corridor, with $12.2Bn* local economy and population forecast to boom 40% to 551,362+ by 2041
- Attractive net lease structure tenant responsible for outgoings including Rates, Management Fee's and Structural Repairs & Maintenance
- Lease secured by 6 month Bank Guarantee
G8 Education Lyndhurst (Melbourne) is for sale via National Portfolio Auction on Tuesday 31 October at 11am (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 773