14 Mummery Crescent Bunbury WA 6230

Long 15 year lease to G8 Education to 2029
Two further 5 year options to 2039
G8 Education Ltd: largest ASX listed early education provider with over 480 centres nationally and a market cap of $1.38 billion
Minimum 4% annual rental increase plus ‘ratchet’ provisions at market review ensuring guaranteed rental growth
Modern, purpose-built facility licensed for 72 LDC places
Tenant pays all usual outgoings including management fees
Strategic 1,978 sqm site only 600 metres from Woolworths, Coles and Big W anchored Bunbury Forum Shopping Centre
Bunbury: located 175km south from the Perth CBD, with a catchment of over 76,000 residents and forecast to grow to over 100,000 by 2031
Net Income: $172,104 pa (June 2017) + GST

Auction 11am AEST Tuesday 27 June 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney