54-56 Ray Street,
Castlemaine, VIC 3450
Medical & Consulting • Shops & Retail • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
54-56 Ray Street
Castlemaine, VIC 3450
Map of 54-56 Ray Street
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
+ 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
+ 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
+ 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
Explore property virtually
Video
Property ID: 503743186Last Updated: 6 Jun 2021
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Rich River Health Group, 212-218 Ogilvie Avenue,Echuca, VIC 3564 1426 m²Medical & Consulting • Development Sites & Land
Contact Agent
26 Glenelg Drive,Maiden Gully, VIC 3551 1 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
Childcare Centre, 11-15 Apsley Street,Strathfieldsaye, VIC 3551 833 m²Medical & Consulting • Shops & Retail