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15-19 White Street
Kilmore VIC 3764
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Sold on 17 May 2017

15-19 White Street Kilmore VIC 3764

  • Medical / Consulting
  • 3,606 m²
  • Sold

Highly Sought After Childcare Investment

Secure 15 year lease to G8 Education Limited
G8 Education Ltd: largest ASX listed childcare provider with over 480 centres nationally and a market cap of $1.48 billio
Three further 5 year options to 2046
Highly desirable 4% annual rental increases plus ‘ratchet’ provisions (i.e. rent cannot reduce) at market review, ensuring guaranteed rental growth
Tenant pays all usual outgoings including management fees
Well presented child care facility licensed for 60 places
Substantial 2,540 sqm corner site opposite Kilmore Leisure Centre and 450 metres from both Kilmore and St Patrick’s Primary Schools
Long established and proven businesses acquired and recently upgraded by G8 Education
Easily managed, single tenanted investments
Net income: $114,400 pa + GST

Auction 11am AEST Wednesday 17 May 2017
River Room, Crown Casino, Melbourne

Property Highlights

Date Sold17 May 2017
Floor AreaAsk Agent
Land Area3,606 m²
ParkingAsk Agent
Property ID2013538461
Category
Last updated  18 May 2017
Map for 15-19 White Street Kilmore VIC 3764

Property Highlights

Date Sold17 May 2017
Floor AreaAsk Agent
Land Area3,606 m²
ParkingAsk Agent
Property ID2013538461
Category
Last updated  18 May 2017

Co-Agents

Adam Thomas
Adam Thomas
Burgess Rawson VIC Pty Ltd
Call
0418 998 971
Natalie Couper
Natalie Couper
Burgess Rawson VIC Pty Ltd
Call
0413 856 983

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