4 Richland Street Kingsgrove NSW 2208

Medical / Consulting
Sold

Highly Sought After Childcare Investment

15 year lease to G8 Education to February 2029
Minimum 4% annual rental increase plus ‘ratchet’ provisions at market review ensuring guaranteed rental growth
G8 Education Ltd: largest ASX listed child care provider with over 450 centres nationally and a market cap of $1.48 billion
Two further 5 year options to 2039
Well maintained facility licensed for 35 places
Tenant pays all usual outgoings including management fees
Easily managed, single tenanted investment
Located with an established residential precinct, 150m from the M5 motorway and 400m from Kingsgrove Train Station
Net income: $118,110 pa + GST

Auction 11am AEST Tuesday 4 April 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	4 Apr 2017
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2013440192
Category	Medical / Consulting Offices Shop & Retail
Last updated	15 Jun 2017

Map for 4 Richland Street Kingsgrove NSW 2208

Nearest transport* to 4 Richland Street Kingsgrove NSW 2208

Bus

Train

Tram

Ferry

Kingsgrove Bus Depot, Richland St	137 m
Forrester Reserve, Kingsgrove Rd	143 m
Omnibus Rd After Kingsgrove Rd	144 m
Kingsgrove Rd At Omnibus Rd	187 m

*Within a 4km radius

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Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	4 Apr 2017
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2013440192
Category	Medical / Consulting Offices Shop & Retail
Last updated	15 Jun 2017