Triple Net Lease to ASX Listed – G8 Education
52 Kabbera Boulevard, Kelso NSW
+ Renewed Triple Net Lease to G8 Education to 2026.
+ One further 5 year option to 2031.
+ G8 Education Ltd: largest ASX listed early education provider with 470+ centres across Australia and Singapore.
+ Tenant pays all outgoings including maintenance (structural and capital), insurance and rates.
+ Purpose-built dual child care facilities licensed for 82 LDC places.
+ Annual rent reviews with ‘ratchet’ provisions, ensuring rental growth.
+ Large 1,825 sqm site adjoining Foodworks and close to five schools.
+ Kelso: forms part of the Bathurst Regional population, is forecast to grow 22% by 2036.
+ Bathurst: located 200km west from Sydney’s CBD and servicing a trade catchment of 150,000+ residents.
+ Net Income: $128,682 pa + GST
Auction 11am AEDT Thursday 27 February
Doltone House Hyde Park, Sydney, NSW