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.
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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