Secure 10 Year Lease + Options to 2039. ASX Listed - Largest Childcare Provider.
Secure 10 year lease from September 2014 to national tenant.
G8 Education Ltd is the largest childcare provider with over 400 centres across Australia.
Attractive 4% annual rent increases.
Tenant pays all outgoings, as per lease.
Substantial 3,350 sqm site.
Convenient childcare solution for local employees in surrounding business park precinct, Central Coast and Newcastle.
Morisset in huge growth phase, new occupiers include McDonalds, Coles, Woolworths and Bunnings.
Modern, as new, centre with recent new extensions.
Generous tax depreciation benefits.
Easily managed single tenant investment.
Net Income: $300,000 pa + GST (as at 19 September 2015).
Auction 2pm AEDT Tuesday 24 February
50 Margaret Street Sydney
Kieran Bourke 0417 418 007
Darren Beehag 0411 226 223
- Land area |
- 3350m² approx.
- Building area |
- Keywords |