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Highly Sought After Childcare Investment

100 King Street, GOSNELLS WA

Description

– 15 year net lease to G8 Education Ltd to 2029 + options to 2039
– G8 Education Ltd: largest ASX listed childcare provider with over 500 centres across Australia and Singapore
– Minimum 4% annual rental increase plus ‘ratchet’ provisions at market review ensuring rent cannot reduce
– Modern purpose-built facility licensed for 99 LDC places
– Land area 2,801sqm
– Tenant pays all usual outgoings including land tax and management fees
– Income $237,600 pa + GST (October 2019)

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,801 SQM
Building Area
2,801 SQM

Price

Offers Invited

Contact Agent

Rob Selid

0412 198 294

Contact Me

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