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54-56 Ray Street
Castlemaine VIC 3450
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Sold on 24 Feb 2021

54-56 Ray Street Castlemaine VIC 3450

  • Medical / Consulting
  • 1 m²
  • Sold

Entry Level Childcare Investment to ASX Listed Tenant

    + G8 Education: Australias 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
    + Located within Regional Victoria and eligible for 50% stamp duty concession
    + Castlemaine: popular tree change location within easy access of Melbournes 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 Australias 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

    AUCTION

    Auction date and time24/02/2021 11:00
    Auction location54-56 Ray Street, Castlemaine VIC

    Property Highlights

    Date Sold24 Feb 2021
    Floor Area1 m²
    Land Area2,422 m²
    ParkingAsk Agent
    Property ID2016758151
    Category
    Last updated  25 Feb 2021
    Map for 54-56 Ray Street Castlemaine VIC 3450

    Property Highlights

    Date Sold24 Feb 2021
    Floor Area1 m²
    Land Area2,422 m²
    ParkingAsk Agent
    Property ID2016758151
    Category
    Last updated  25 Feb 2021
    Level 20, 150 Lonsdale Street Melbourne VIC 3000

    More Medical / Consulting for Sale in Castlemaine VIC

    Sold
    54-56 ray street,castlemaine, VIC 3450
    1 m²
    Medical / Consulting