Secure net lease to G8 Education. Affluent high growth Sydney West.
- Type of sale |
G8 Education Ltd: largest ASX listed childcare provider with over 480 centres.
Generous CPI + 1% annual rental increases.
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.
- 35-37 Fairwater Drive, Harrington Park:
Secure 10 year lease until April 2024 plus 5 + 5 + 5 year options extending to 2039.
Comprises two separate buildings & titles.
Massive 3,887 sqm site with 36 car spaces.
Main thoroughfare location adjacent Coles shopping centre and Community Centre.
Zoning prevents any further competing centres in area.
Net Income: $428,398 pa + GST.
- Land area |
- 3887m² approx.
- Building area |
- Tenant |
- Childcare Centre
- Keywords |