Stonebridge National Investment Sales is pleased to present 'G8 Education Grafton' for sale via Expressions of Interest.
The asset has the following key investment features:
- Rare 30 year triple net lease to 2036 + options with favourable CPI annual rent increases
- G8 Education - Dominant ASX listed childcare operator across 440+ centres nationally, market cap circa $850 million
- Situated only 1.6 km* from 'Grafton Public School' (650+ students) and a further 3 schools within a 1.5 km* radius
- Substantial 4,288 sqm* landholding improved by purpose built 79 place facility plus abundance of 40 on site parking bays
- Strategic childcare location - 450m* from 'Grafton Base Hospital' and nearby bustling Grafton town centre
- Grafton - Dynamic regional hub, boasting a thriving industrial sector with a Gross Regional Product of $2.34 billion*
- Ultimate connectivity from north-eastern NSW location adjacent to M1 Pacific Highway, the key trade route linking Brisbane to Sydney and beyond
- Nearby a plethora of national retailers including: Coles, Aldi, Target, Big W, Woolworths, Chemist Warehouse, Dominoes, Spotlight, Subway, KFC and Dan Murphy's
- Triple Net Lease - Tenant pays all outgoings including Land Tax, management fees and structural repairs & maintenance
- Secure lease structure including 'ratchet clause', ensuring rent cannot decrease
- Lease secured by 6 month bank guarantee
- Net Income $130,490 pa* + GST
*Approximate
'G8 Education Grafton' is for sale via Expressions of Interest closing Thursday 1 December at 1pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for further information.
Property Code: 548