Stonebridge National Investment Sales is pleased to present 'G8 Education Epping' for sale via Expressions of Interest.
The asset has the following key investment features:
- Secure 15 year net lease to 2030 + options with favourable CPI annual rent increases
- G8 Education Dominant ASX listed childcare operator across 440+ centres nationally, market cap circa $850 million
- Well configured 2,344 sqm* site improved by modern 97 place childcare facility
- Sought after Melbourne metro location only 20 km* from CBD in key growth corridor
- Ideal childcare location nearby 11 schools within a 3 km* radius, including St Monica's college, one of Australia's largest Catholic schools (1,850+ students)
- Situated nearby a plethora of health providers, corporate offices and national retailers including Northern Hospital Epping, Heritage Aged Care, Epping Private Hospital, Bunnings, Total Tools and Repco
- One of Australia's fastest growing municipalities City of Whittlesea population forecast to grow 55% to 388,400+ residents by 2041
- Adjacent to $2 billion* 'New Epping' a ground breaking mixed use development repositioning North Melbourne's landscape, forecast to provide 5,000 new jobs and 6,500 new residents
- Net lease tenant responsible for outgoings including management fees and structural repairs & maintenance
- Lease secured by 6 month Bank Guarantee
- Net Income $206,916 pa* + GST
*Approximate
'G8 Education Epping' is for sale via Expressions of Interest closing Thursday 1 December at 1pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for further information.
Property Code: 550