New 15 Year Lease to G8 Education
39-41 The Grove , SALISBURY HEIGHTS SA
Description
Secure 15 year lease to G8 Education Ltd to 2029.
Three further 5 year options to 2044.
Fixed 4% annual rent increases with ‘ratchet’ provisions.
G8 Education: largest ASX listed child care provider with over 450 centres nationally.
Tenant pays all outgoings including land tax.
Modern facility licensed for 42 LDC places.
Prominent 1,519 sqm site 300m from Salisbury Heights Preschool and 400m from Main North Road.
Rent: $104,000 pa.
Interstate and local bidding by prior arrangement
Auction 11am AEDT Wednesday 9 December
River Room, Crown Casino, Melbourne.
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1,519 SQM
Building Area
1 SQM