223-225 Vincent Street Cessnock NSW 2325

Shop & Retail
706 m²
Sold

ASX Listed Tenanted Investment – Fixed 4% increases annually

ASX Listed Tenant - G8 Education Limited
10 year lease to 2027+ options to 2042
Net income: $273,520 p.a + GST

Cushman & Wakefield are pleased to present 223 - 225 Vincent Street, Cessnock For Sale via Expressions of Interest closing on Thursday 26th July 2018 at 4pm AEST

The opportunity features:

- 10 year lease to 2027 plus options to 2042
- G8 Education Ltd: Largest ASX listed childcare and education provider with over 500 centres across Australia and Singapore – market capitalisation of $1.20 Billion
- Significant 2,450sqm land holding along Cessnock’s main retail/commercial precinct, adjacent to Bunnings
- Newly completed centre in 2017 providing modern and well designed childcare centre
- Licensed for 104 long day care places
- Cessnock: Hunter Valley region with a population of 56,000 and famous for its wineries and strong mining and agricultural industries
- Tenant pays all usual outgoings (incl. management fees)
- Favourable lease structure including ratchet provisions ensuring income growth
- Fixed 4% annual rent increases
- Net Income: $273,520 p.a + GST

For more information please contact exclusive agents Cushman & Wakefield.

EXPRESSION OF INTEREST

Closing date and time	26/07/2018 16:00
Recipient name	Ask Agent
Delivery address	Ask Agent

Cushman & Wakefield Sydney

Level 22/1 O'Connell St

Sydney, NSW 2000

Property Highlights

Date Sold	12 Jul 2018
Floor Area	706 m²
Land Area	2,450 m²
Parking	25 x Onsite parkings
Property ID	2014467691
Category	Shop & Retail Medical / Consulting Showrooms / Bulky Goods
Last updated	13 Jul 2018

Map for 223-225 Vincent Street Cessnock NSW 2325

Nearest transport* to 223-225 Vincent Street Cessnock NSW 2325

Bus

Rover Depot, Vincent St	33 m
Vincent St Before Aberdare Rd	147 m
Vincent St Before Hall St	299 m
Aberdare St Opp High St	419 m

*Within a 4km radius

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Cushman & Wakefield Sydney

Level 22/1 O'Connell St

Sydney, NSW 2000

Property Highlights

Date Sold	12 Jul 2018
Floor Area	706 m²
Land Area	2,450 m²
Parking	25 x Onsite parkings
Property ID	2014467691
Category	Shop & Retail Medical / Consulting Showrooms / Bulky Goods
Last updated	13 Jul 2018

Listed by

Cushman & Wakefield Sydney

Call

02 8243 9999

More about 223-225 Vincent Street Cessnock NSW 2325

223-225 Vincent Street Cessnock NSW 2325 is categorized as Shop & Retail Property. It has a floor area of 706 m² and a land area of 2,450 m². There are 25 x onsite parkings.The listing ID for this property is 2014467691.