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112 Northern Highway
Echuca VIC 3564
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Sold on 14 Oct 2022

112 Northern Highway Echuca VIC 3564

  • Medical / Consulting
  • 1 m²
  • Sold

Long Established Childcare Investment Leased to Goodstart Australia's Largest Operator

    +Renewed lease to Goodstart to 2025
    +Two further 5 year options to 2035
    +Goodstart Early Learning: Australia's largest early education provider with 664 centres nationally
    +Annual CPI rent reviews
    +Tenant pays all usual outgoings
    +Well-maintained child care centre, licensed for 91 LDC places
    +Long-established centre with high occupancy
    +Substantial 2,794 sqm highway site with exposure 15,000+ vehicles passing daily
    +Situated with close proximity to 5 schools and Echuca town centre including national retailers Aldi, Coles and Woolworths
    +Echuca: popular Murray River tourist location with a trade catchment of circa 50,000 people plus year-round holiday influx
    +Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
    +Income: $201,720 pa + GST

    For Sale by Private Treaty

    *approx

    Property Highlights

    Date Sold14 Oct 2022
    Floor Area1 m²
    Land Area2,794 m²
    ParkingAsk Agent
    Property ID2017929114
    Category
    Last updated  15 Nov 2022
    Map for 112 Northern Highway Echuca VIC 3564

    Property Highlights

    Date Sold14 Oct 2022
    Floor Area1 m²
    Land Area2,794 m²
    ParkingAsk Agent
    Property ID2017929114
    Category
    Last updated  15 Nov 2022
    Level 20, 150 Lonsdale Street Melbourne VIC 3000

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    112 northern highway,echuca, VIC 3564
    1 m²
    Medical / Consulting