15 year lease to G8 Education to May 2029
Fixed 4% annual rental increases plus ‘ratchet’ provisions
Two further 5 year options to May 2039
Well maintained facility licensed for 38 places
Prominent 1,075 sqm site 200m from Oxley High School and 1km from Tamworth’s CBD
Net income: $97,525 pa (May 2017)
Archives: Properties
P112 – 61 Milroy Avenue, Kensington NSW 2033
Secure 10 year lease to G8 Education Limited to 2024.
Three further 10 year options to 2054.
G8 Education Ltd: largest ASX listed early education provider with over 450 centres nationally and a market cap of $1.48 billion.
Annual rent reviews plus ratchet provisions (i.e. rent cannot reduce) at market review ensuring guaranteed rental growth.
Tenant pays all usual outgoings including management fees.
Double-storey facility with service approval for 56 LDC places.
Superb 709 sqm corner site providing direct access to the Eastern Distributor and only 4.5km from the CBD.
Net Income: $245,928 pa.
P112 – 117 Ashmont Avenue, Wagga Wagga NSW 2650
Brand new lease to February 2027.
Two further 5 year options to 2037.
Purpose-built well maintained facility licenced for 56 places.
PE4K Childcare: highly experienced and established childcare provider with three other facilities in the Wagga Region.
Gateway Wagga location on a 1,448 sqm corner site with visibility from Sturt Highway within an established residential precinct.
Wagga is NSW’s largest inland City with a massive 185,000 catchment and is one of the most productive and economically diverse areas of Australia within the Riverina, often referred to as the nations food bowl.
Potential for depreciation allowances.
Net Income: $137,732 pa + GST.
P112 – 5 Billong Avenue, Vaucluse NSW 2030
Secure 10 year lease to G8 Education Limited to 2024.
Three further 10 year options to 2054.
G8 Education Ltd: largest ASX listed early education provider with over 450 centres nationally and a market cap of $1.48 billion.
Annual rent reviews plus ratchet provisions (i.e. rent cannot reduce) at market review ensuring guaranteed rental growth.
Tenant pays all usual outgoings including management fees.
Single-level facility with service approval for 36 LDC places.
Prominent 708 sqm elevated corner site at the junction with Old South Head Road and only 6.5km from the CBD.
Net Income: $158,096 pa.
26 Cowper Street, Carrington NSW 2294
Premium Operator with 12 Locations and Expanding.
Brand new 10 year lease from 2017 with two 5 year options to 2037.
Go Kindy: highly experienced and established childcare provider with 12 premium centres across NSW and ACT.
Brand new 90 place state-of-the-art centre with unique mix of classic finishes and innovative design features.
High profile 1,126 sqm corner site with 14 car spaces.
Carrington: undergoing significant gentrification with new cafes, restaurants and residential development, only 1.5 km from Newcastle CBD.
Newcastle – high growth city with proposed 1,500 apartments & light rail.
Attractive 3% annual rental increases.
Potential for significant tax depreciation benefits.
Tenant pays all usual outgoings, as per lease.
Net Income: $207,000 pa + GST.
P112 – 91 Paine Street, Maroubra NSW 2035
Secure 10 year lease to G8 Education Limited to 2024.
Three further 10 year options to 2054.
G8 Education Ltd: largest ASX listed early education provider with over 450 centres nationally and a market cap of $1.48 billion.
Annual rent reviews plus ratchet provisions (i.e. rent cannot reduce) at market review ensuring guaranteed rental growth.
Tenant pays all usual outgoings including management fees.
Single-level facility with service approval for 36 LDC places.
Outstanding 538 sqm corner site opposite South Sydney High School, metres from the junction with Maroubra Road and only 8.5km from the CBD.
Net Income: $131,747 pa.
P112 – 36 Burke Street, Chifley NSW 2036
Secure 10 year lease to G8 Education Limited to 2024.
Three further 10 year options to 2054.
G8 Education Ltd: largest ASX listed early education provider with over 450 centres nationally and a market cap of $1.48 billion.
Annual rent reviews plus ratchet provisions (i.e. rent cannot reduce) at market review ensuring guaranteed rental growth.
Tenant pays all usual outgoings including management fees.
Single-level facility with service approval for 36 LDC places.
Opposite both Chifley Public School and Matraville High School.
Prominent 531 sqm corner site providing immediate access to Anzac Parade and only 11km from the CBD.
Net Income: $131,747 pa.
118 Robert Street ATHERTON
Secure 20 year lease to national operator to 2034 plus three further 10 year options.
Impressive as new 831 sqm purpose built facility.
Licensed for 94 LDC places.
High profile 2,535 sqm main road site within close proximity to Atherton Hospital and CBD.
Triple net lease terms with Tenant responsible for all costs to the child care centre including capital and structural works.
22 on site car spaces.
Experienced management team with 20 plus centres nationally.
Commercial service centre of the Tablelands Regional Council (population of 24,775 as at June 2013).
Rent: $177,000 pa.
40 Fairy Street, Warrnambool
New 8 year lease to 2024 plus 3 x 3 year options to 2033
ANZ: ASX top 10 company with a market cap rate of $93.4 billion (Sept 2017)
Guaranteed rental growth – Fixed 3% annual increases
ANZ pay all usual outgoings as per lease
Substantial 439 sqm building with 15 metre retail frontage
As new capital intensive retail fit-out – latest ANZ corporate design
Absolute prime retail location, amongst complimentary retailers including IGA Supermarket, Sinclair Wilson Accountants and Tradelink
Warrnambool: Premier south west coastal city with growing resident population forecast to grow to 46,000 by 2036 plus huge seasonal influx
Rent: $82,400 pa
Conjunctional Agent: Ludeman Real Estate – Mark Dwyer – 0408 529 038
28 Grandview Drive MACKAY
Secure 10 year lease to 2021 plus options to 2031.
Annual fixed 3% increases.
Westpac Limited: 3rd largest ASX listed company with market cap of $95 billion (March 2016).
Versatile 338 sqm building (26% site coverage) refurbished in 2011 by Westpac – estimated cost of circa $1.2 million.
Commanding 1,278 sqm site with exposure to high traffic Bruce Highway set amongst large format retail & neighbourhood shopping precinct with tenants including Centrelink/Medicare, Spotlight & Mount Pleasant Shopping Centre anchored by Coles, Woolworths & Target.
9 car spaces on Title with additional 37 shared spaces.
Mackay: Coal and sugar cane capital of Australia, gateway to the Bowen Basin – trade catchment circa 150,000.
Rent: $117,192 pa.
Auction 11am AEDT Wednesday 6 April.
River Room, Crown Casino Melbourne.