Secure 10 year lease to G8 Education Limited to 2024 Three further 10 year options to 2054 G8 Education Ltd: largest ASX listed early education provider with over 450 centres nationally and a market cap of $1.48billion Annual rent reviews plus ratchet provisions (i.e. rent cannot reduce) at market review ensuring guaranteed rental growth Tenant pays all usual outgoings including management fees Single-level facility with service approval for 36 LDC places Prominent 708 sqm elevated corner site at the junction with Old South Head Road and only 6.5km from the CBD Net Income: $158,096 pa
Auction commencing 11am AEST Tuesday 16 May 2017, Doltone House Hyde Park, Sydney
This property is offered as part of a Portfolio of 5 Childcare Investments with the additional 4 in the following locations; To Be Sold Separately.
Maroubra NSW, 91 Paine Street Chifley NSW, 36 Burke Street Kensington NSW, 61 Milroy Avenue South Coogee NSW, 158 Moverly
