- 15 year net lease to G8 Education Ltd to 2029 + options to 2039
- G8 Education Ltd: largest ASX listed childcare provider with over 500 centres across Australia and Singapore
- Minimum 4% annual rental increase plus ratchet provisions at market review ensuring rent cannot reduce
- Modern purpose-built facility licensed for 99 LDC places
- Land area 2,801sqm
- Tenant pays all usual outgoings including land tax and management fees
- Income $237,600 pa + GST (October 2019)