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Highly Sought After Childcare Investment

2A Kenny Drive, Tamworth NSW

Property Highlights

15 yr lease to G8 Education to 2029
G8: ASX listed with 450+ centres
4% rent increases w ratchet provision

Description

Long 15 year lease to April 2029
Fixed 4% annual rental increases plus ‘ratchet’ provisions
Two further 5 year options to April 2039
Well maintained facility licensed for 55 places
Prominent 2,528 sqm corner site adjoining community centre and 3.5km from Tamworth’s CBD
Net income: $114,736 pa (April 2017)

Auction 11am AEDT Tuesday 21 February 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,528
Building Area
0

Contact Agents

Adam Thomas

+610 418 998971

Contact Me

Natalie Couper

0413 856 983

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