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Sold on 12 Jul 2018

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 time26/07/2018 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane
Mitchell Willett
Cushman & Wakefield Brisbane
Mitchell Willett
Cushman & Wakefield Brisbane

Property Highlights

Property ID2014467691
Date Sold12 Jul 2018
Floor Area706 m²
Land Area2,450 m²
Parking25 x Onsite parkings
Building TypeWhole building
Category
Last updated  13 Jul 2018
Map for 223-225 Vincent Street Cessnock NSW 2325
Map for 223-225 Vincent Street Cessnock NSW 2325223-225 Vincent Street Cessnock NSW 2325
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane
Mitchell Willett
Cushman & Wakefield Brisbane
Mitchell Willett
Cushman & Wakefield Brisbane

Property Highlights

Property ID2014467691
Date Sold12 Jul 2018
Floor Area706 m²
Land Area2,450 m²
Parking25 x Onsite parkings
Building TypeWhole building
Category
Last updated  13 Jul 2018
Cushman & Wakefield Sydney
Level 22 1 O'connell Street Sydney NSW 2000
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane
Mitchell Willett
Cushman & Wakefield Brisbane
Mitchell Willett
Cushman & Wakefield Brisbane

Ask Yosh Mendis about this property

Yosh Mendis

Yosh Mendis

Cushman & Wakefield Sydney

Michael Collins

Michael Collins

Cushman & Wakefield Brisbane

Mitchell Willett

Mitchell Willett

Cushman & Wakefield Brisbane

0434 *** ***
0434 413 188

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