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G8 Education Epping 6 Viewbank Court
Epping VIC 3076
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Sold on 7 Dec 2022

G8 Education Epping 6 Viewbank Court Epping VIC 3076

  • Medical / Consulting
  • 822 m²
  • Sold

Melbourne Metro Childcare Investment - 15 Year Triple Net Lease

  • Secure 15 Year Net Lease + Options
  • ASX Listed Operator Across 440+ Centres
  • Strong Growth Corridor

Stonebridge National Investment Sales is pleased to present 'G8 Education Epping' for sale via Expressions of Interest.

The asset has the following key investment features:

- Secure 15 year net lease to 2030 + options with favourable CPI annual rent increases

- G8 Education Dominant ASX listed childcare operator across 440+ centres nationally, market cap circa $850 million

- Well configured 2,344 sqm* site improved by modern 97 place childcare facility

- Sought after Melbourne metro location only 20 km* from CBD in key growth corridor

- Ideal childcare location nearby 11 schools within a 3 km* radius, including St Monica's college, one of Australia's largest Catholic schools (1,850+ students)

- Situated nearby a plethora of health providers, corporate offices and national retailers including Northern Hospital Epping, Heritage Aged Care, Epping Private Hospital, Bunnings, Total Tools and Repco

- One of Australia's fastest growing municipalities City of Whittlesea population forecast to grow 55% to 388,400+ residents by 2041

- Adjacent to $2 billion* 'New Epping' a ground breaking mixed use development repositioning North Melbourne's landscape, forecast to provide 5,000 new jobs and 6,500 new residents

- Net lease tenant responsible for outgoings including management fees and structural repairs & maintenance

- Lease secured by 6 month Bank Guarantee

- Net Income $206,916 pa* + GST

*Approximate

'G8 Education Epping' is for sale via Expressions of Interest closing Thursday 1 December at 1pm (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for further information.

Property Code: 550

Property Highlights

Date Sold7 Dec 2022
Floor Area822 m²
Land Area2,344 m²
ParkingAsk Agent
Property ID2018179232
Category
Last updated  20 Dec 2022
Map for G8 Education Epping 6 Viewbank Court Epping VIC 3076

Property Highlights

Date Sold7 Dec 2022
Floor Area822 m²
Land Area2,344 m²
ParkingAsk Agent
Property ID2018179232
Category
Last updated  20 Dec 2022

Co-Agents

Michael Collins
Stonebridge Property Group VIC
Call
+61 404 023 204
Tom Moreland
Stonebridge Property Group VIC
Call
+61 408 072 822
Rorey James
Stonebridge Property Group VIC
Call
+61 439 400 081

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