Large Dual Building Centre, Leased to December 2022 + Options to 2027 – ASX Listed Tenant G8 Education

5-9 monarch drive, deception bay qld

Price on Request

  • Leased to 2022 + options
  • G8 Education operating since 2012
  • Annual fixed increases 3%

Property Details

Leased to December 2022 + options to 2027
G8 Education operating from property since 2012
Annual fixed increases 3%
Current term being second option (excercised 2017), centre opened 2007
Ratchet provisions at market review meaning rent cannot decrease
Huge 5,730 sqm land area with 988 sqm building area (incl. vernadahs)
Large dual building centre approved for 118 places
Bank Guarantee – 3 months rent + GST
Tenant pays all outgoings as per lease, incl. management fees (excl. land tax)
Net Income: $176,675 pa + GST (as at Dec. 2018)

Featured Details

Current Tenant Tenanted
Gross Building Area 988 sqm
Land Size 5,730 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: QLD000600

Thank you for showing interest in us.

Contact Details

Office Details

Level 24, 324 Queen Street, Brisbane QLD 4001

T 07 3220 3611 E brisbane@burgessrawson.com.au

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