39-41 The Grove Way Salisbury Heights SA 5109

CBRE are delighted to offer a purpose built childcare investment tenanted by the ASX listed G8 Education Limited. The property forms part of CBRE's Elite Property Auction Series, to be held on Thursday 18th November 2021, at the Zinc Federation Square, Southbank, Melbourne.

Key property highlights include:

- 15 year lease to G8 Education Limited to 2029
- Three further 5 year options to 2044
- Estimated net rent of $131,593 per annum
- Fixed 4% annual rent increases
- G8 Education: largest ASX listed childcare provider with over 470 centres nationally
- Tenant pays outgoings including land tax
- Modern facility licensed for 42 LDC places
- Prominent location with limited competition in the area

FOR SALE BY AUCTION

6pm (AEDT) Thursday 18th November 2021, at the Zinc Federation Square, Southbank, Melbourne.

5:30 (CDST) at CBRE Adelaide Offices Level 5, 151 Pirie Street, Adelaide

Please contact the Adelaide agents with any other questions:
Harry Einarson: +61 421 747 442
Mitch Curnow: +61 415 494 056

CBRE's Elite Property Auction Series including National Retailers, Child Care Centres & Car Parks. Join us online or in person on Thursday 18th of November.
https://www.cbre.com.au/elite-property-auction