Highly Sought-After Childcare Investment

2 dwyer street, gymea

Price on Request

  • 15 year lease to G8 Education to 2029
  • G8: ASX listed with 480+ centres
  • 4% rent increases + ratchet provisions

Property Details

Secure 15 year lease plus options to G8 Education Limited
G8 Education Ltd: largest ASX listed early education provider with over 480 centres nationally and a market cap of $1.7 billion
Highly desirable 4% annual rental increases plus ratchet provisions (i.e. rent cannot reduce) at market review, ensuring guaranteed rental growth
Three further 5 year options to September 2044
Tenant pays all usual outgoings including management fees
Well-presented facility licensed for 36 places
Prominent 738 sqm main road corner site, located 650 metres from Westfield Miranda and 750 metres from Gymea Train Station
Highly sought-after location only 22km south from the Sydney CBD
Long established and proven business acquired by G8 Education
Net Income: $118,976 pa + GST

Auction 11am AEST Tuesday 8 August 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Featured Details

Current Tenant Tenanted
Gross Building Area 1
Land Size 738 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001447

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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