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Affordable Childcare Investment Leased to G8

14 Mummery Crescent, Bunbury WA

Property Highlights

15 Yr lease to G8 + options to 2039

G8 Education - ASX listed 500+ centres

4% rent increases + ratchet provisions

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
Fixed 4% annual rental increase plus ‘ratchet’ provisions at market review ensuring rent cannot reduce
Modern purpose-built child care facility licensed for 72 LDC places
Tenant pays all usual outgoings including land tax and management fees
Strategic 1,978 sqm site only 600 metres from the Woolworths and Coles anchored Bunbury Forum Shopping Centre
Bunbury: located 175km south from the Perth CBD, with a catchment of over 76,000 residents and forecast to grow to over 100,000 by 2031
Net Income: $178,988 pa + GST and outgoings

Auction 11am AEST Wednesday 1 August 2018
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1,978 SQM
Gross Building Area
1 SQM

Contact Agents

Adam Thomas

+610 418 998971

Natalie Couper

0413 856 983

Rob Selid

0412 198 294

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