Strong Trading Childcare Investment – Business Recently Acquired by G8 Education
148-156 Jetty Road , Curlewis VIC
Property Highlights
Secure net lease to G8 Education Ltd
ASX listed tenant
Fixed 3% annual rent increases
Description
+ Secure net lease to G8 Education Ltd to 2028
+ Three 10 year options to 2058
+ Fixed 3% annual rent increases
+ G8 Education: Australia’s largest ASX listed early education provider with over 500 centres and a market cap of $1.4B
+ Purpose-built 825 sqm child care facility, licensed for 93 LDC places
+ Prominent 3,365 sqm site 400 metres from Clifton Springs Primary School and 500 metres from Woolworths anchored SC
+ Located only 14km east from the Geelong CBD and a rapidly expanding suburb of the Bellarine Peninsula
+ Net Income: $307,245 pa + GST
For Sale by Auction
11am AEST Wednesday 26 June 2019
River Room, Crown Casino, Melbourne
Property Details
Listing
Sale
Current Tenant
Tenanted
Land Size
3,365 SQM
Building Area
825 SQM