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Sold on 31 May 2019

2 Moorefield Park Drive Wodonga VIC 3690

  • Medical / Consulting
  • 744 m²
  • Sold

DOMINANT CHILDCARE INVESTMENT WITH HIGH OCCUPANCY - LEASED TO NATIONAL TENANT

- 10 yr lease to G8 Ed + opts to 2044
- G8: ASX listed with 500+ centres
- 3,220 sqm Commercial Zoned site
- 10 year lease to G8 Education Ltd to 2024 plus options to 2044

G8 Education Ltd: largest ASX listed early education childcare provider with over 500 centres across Australia and Singapore

Tenant pays all usual outgoings

Prominent 3,220 sqm corner site with favourable Commercial Zoning

Purpose-built 744 sqm child care facility licensed for 113 LDC places

Annual rent reviews plus market review at option

Located within complementary commercial/employment precinct & supported by businesses including: La Trobe University, Wodonga TAFE, The Border Mail along with numerous automotive, government & service based tenancies

Albury/Wodonga: strategically located Murray River twin-cities, recognised together as one of Australia's largest and progressive regional centres, servicing a resident population of 170,000

Net Income: $178,236 pa + GST and outgoings

Property Highlights

Property ID2014664482
Date Sold31 May 2019
Floor Area744 m²
Land Area3,220 m²
ParkingOn site parking available
Category
Last updated  18 Jun 2019
Map for 2 Moorefield Park Drive Wodonga VIC 3690
LJ Colquhoun Dixon
576 Kiewa Street Albury NSW 2640

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