Secure 10 year lease plus options to G8 Education.
- Type of sale |
G8 Education Ltd: largest ASX listed early education provider with over 480 centres nationally and a market cap of $1.70 billion.
Highly desirable CPI + 1% annual rental increases plus ratchet provisions (i.e. rent cannot reduce) at market review ensuring guaranteed rental growth.
Tenant pays all usual outgoings, as per leases.
Long established and proven businesses.
Ideally located within one of Australia's largest growth corridors.
Predominantly a "young family" location with above average infant numbers.
35% higher ratio of 0-4 yr old infants than NSW average.
To be sold individually.
- Gregory Hills:
Secure 10 year lease until June 2025 plus 10 + 10 year options extending to 2045.
Prominent 2,421 sqm site with 3 street frontages and 33 on-site carspaces.
Located close to shopping centre and in the midst of young families and booming new resi development.
Net Income: $301,467 pa + GST.
- Land area |
- 2421m² approx.
- Building area |
- Tenant |
- Childcare Centre
- Keywords |