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Sold on 4 Apr 2017

8 Patrick Street Tamworth NSW 2340

  • Medical / Consulting
  • 1 m²
  • Sold

Highly Sought After Childcare Investment

15 year lease to G8 Education to May 2029
Fixed 4% annual rental increases plus ‘ratchet’ provisions
G8 Education Ltd: largest ASX listed early education provider with over 450 centres nationally and a market cap of $1.48 billion
Two further 5 year options to May 2039
Well maintained child care facility licensed for 38 places
Tenant pays all usual outgoings including management fees
Easily managed, single tenanted investment
Highly regarded location, 200m from both TAFE New England and Oxley High School, 1km from Tamworth’s CBD
Net income: $97,525 pa + GST (May 2017)

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

Property Highlights

Property ID2013440251
Date Sold4 Apr 2017
Floor Area1 m²
Land AreaAsk Agent
ParkingAsk Agent
Category
Last updated  15 Jun 2017
Map for 8 Patrick Street Tamworth NSW 2340
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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