20 Year Triple Net Lease to ASX Listed - G8 Education


+ Highly sought-after 20 + 10 Year Triple Net Lease to G8 Education Ltd to 2047
+ G8 Education Ltd: largest ASX listed early education provider with 470+ centres across Australia and Singapore
+ Triple Net Lease terms – Tenant pays all outgoings including all maintenance (both capital and structural) insurances, rates and Land Tax (multiple holding)
+ Minimum 3% pa rent increases with ‘ratchet’ provisions at Market Review ensuring guaranteed rental growth
+ Large 1,829 sqm corner site
+ Modern 709 sqm child care facility over two levels, licensed for 75 LDC places
+ Innisfail: commercial service centre of the Cassowary Coast Regional Council
+ Net Income: $127,308 pa (Jan 2020)

For Sale by Auction
11am Wednesday 11 December 2019
Crown Casino, River Room, Melbourne

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Contact agents
Adam Thomas Partner | Managing Director QLD
0418 998 971
Natalie Couper Partner
0413 856 983
Craig Chapman Sales Executive
0427 110 132
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Innisfail, QLD

15-17 Stitt Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 133

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