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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

    Co-Agents

    Natalie Couper
    Burgess Rawson VIC Pty Ltd
    Call
    0413 856 983
    Raoul Holderhead
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 304
    Sam Mercuri
    Burgess Rawson VIC Pty Ltd
    Call
    0413 830 709

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