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223 Vincent Street Cessnock NSW 2325

  • Shop & Retail
  • 706 m²
  • Commercial Auction

Dominant High Occupancy Childcare Leased to ASX Listed Giant

  • ASX Listed Tenant - G8 Education Limited
  • Fixed 4% annual rent increases
  • Net Income $307,672 pa + GST

Cushman & Wakefield is pleased to present to the market 223 Vincent Street, Cessnock (Hunter Valley) for Sale via Auction.

The property has the following key characteristics:

- 10 year lease to 2027 + options to 2042
- G8 Education - Australia's leading ASX listed education provider across 470+ centres - Market Cap. $852 Million
- Core CBD activity centre location among high profile tenants incl. Bunnings, Coles, Woolworths, Aldi & Big W
- Conveniently positioned near five schools, Cessnock TAFE & Performing Arts Centre
- Modern 104 place facility boasting high occupancy
- Newly built in 2017 providing significant depreciation
- Net lease - Tenant pays all outgoings including Management Fees
- Secure lease structure including ratchet provision - ensuring rent cannot decrease
- Cessnock - Renowned Hunter Valley region, famous for its wineries & strong mining & agricultural industries with a population of 61,256+ people
- Fixed 4% annual rent increases
- Net Income $307,672 pa + GST

The investment is for sale by way of Cushman & Wakefield National Portfolio Auction on Monday 27 September at 1pm.

All interested parties will have access to our Live Stream & Online Bidding Platform strictly via prior arrangement.

Brisbane Live Stream & Bidding Facilities will be available at the below venue;

Brisbane - Dexus Place - Waterfront Place, Level 31, 1 Eagle Street

Should you hold interest in bidding on the asset from the above location or via the Online Bidding Platform, please contact the exclusively appointed Cushman & Wakefield property professionals.

Auction date and time27/09/2021 13:00
Auction locationDetails Above
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney

Property Highlights

Property ID2017223090
Floor Area706 m²
Land Area2,450 m²
Parking25 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  2 Sep 2021
Map for 223 Vincent Street Cessnock NSW 2325
Map for 223 Vincent Street Cessnock NSW 2325223 Vincent Street Cessnock NSW 2325
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney

Property Highlights

Property ID2017223090
Floor Area706 m²
Land Area2,450 m²
Parking25 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  2 Sep 2021
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 Sydney
Michael Collins
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney
Tom Moreland
Cushman & Wakefield Sydney
Yosh Mendis

Yosh Mendis

Cushman & Wakefield Sydney

Michael Collins

Michael Collins

Cushman & Wakefield Sydney

Tom Moreland

Tom Moreland

Cushman & Wakefield Sydney

0434 *** ***
0434 413 188

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