103-105 Main South Road Reynella SA 5161

Long 15 year lease to G8 Education to October 2029
G8 Education Ltd: largest ASX listed childcare provider with over 500 centres across Australia and Singapore
Three further 5 year options to October 2044
Fixed 4% annual rent increases plus ‘ratchet’ provisions at market review ensuring guaranteed rental growth
Tenant pays all outgoings including land tax and management fees
Well maintained child care facility with recent internal and imminent external upgrade
Strategic 1,349 sqm main road site within Reynella’s commercial precinct, 300 metres from Reynella Primary School and only 19km south from Adelaide’s CBD
Net Income: $112,486 pa + GST

Auction 11am AEST Wednesday 20 June 2018
River Room, Crown Casino, Melbourne