Impressive Childcare Investment Leased to G8 Education


Secure 10 year leases to G8 Education Limited to June 2022
G8 Education Ltd: largest ASX listed early education provider with over 500 centres across Australia and Singapore, and with a market cap of $2billion
Highly desirable 4% annual rental increases plus market review at options
Modern 694 sqm child care facility, licensed for 75 places
Tenant pays all usual outgoings including management fees
Substantial 2,885 sqm corner site adjoining new residential development and includes surplus land for potential residential subdivision (STCA)
Well maintained facilities recently upgraded by G8 Education
Strategic location 200 metres from the Coles and Woolworths anchored Smithfield Shopping Centre
Net Income: $180,300 pa + GST

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Contact agents
Adam Thomas Partner | Managing Director QLD
0418 998 971
Natalie Couper Partner
0413 856 983
Shaun Venables Partner
0411 860 865
Glenn Conridge Consultant
0413 873 337
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Smithfield, QLD

1-3 Ainslie Place

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 117

Contact agents