10 year lease to G8 Education to December 2023
Minimum 4% annual rental increase plus ‘ratchet’ provisions at market review ensuring guaranteed rental growth
G8 Education Ltd: largest ASX listed early education provider with over 450 centres nationally and a market cap of $1.48 billion
Three further 5 year options to December 2038
Well maintained child care facility licensed for 39 places
Tenant pays all usual outgoings including management fees
Easily managed, single tenanted investment
Strategic 1,144 sqm site opposite the Coles anchored North Richmond Village Shopping Centre
Net income: $106,862 pa + GST
Auction 11am AEST Tuesday 4 April 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney