High Yielding Secure Childcare Investment. G8 Education, ASX Listed.
5 year lease term expiring February 2021 with three further options to 2036
G8 Education: ASX listed with 450+ centres.
High occupancy level , above 80%.
Modern purpose built centre constructed in 2010, packed with many clever design features.
Griffith: Major regional city for agriculture, education and food produce with a population catchment of 52,000 and growing.
Ideally positioned within Griffith's premium residential growth area close to schools, walking tracks and parklands.
Annual rent increases with ratchet clause to apply.
Tenant pays all usual outgoings, as per lease.
Single tenant, minimum management investment.
Potential to claim generous tax depreciation allowances.
Net Income: $314,032 pa + GST.
- Building area |
- Tenant |
- Childcare Centre
- Keywords |