Secure 10 year net leases plus options to G8 Education.
G8 Education Ltd: largest ASX listed early education provider with over 480 centres nationally and a market cap of $1.70 billion.
Highly desirable CPI + 1% annual rental increases plus ratchet provisions (i.e. rent cannot reduce) at market review ensuring guaranteed rental growth.
Tenant pays all usual outgoings, as per leases.
Long established and proven businesses.
Ideally located within one of Australia’s largest growth corridors.
Predominantly a “young family’ location with above average infant numbers.
35% higher ratio of 0-4 yr old infants than NSW average.
To be sold individually.
– Gregory Hills:
Immaculately presented “as new’ – 2015 built 100 place centre.
Secure 10 year lease until June 2025 plus 10 + 10 year options extending to 2045.
Prominent 2,421 sqm site with 3 street frontages and 33 on-site carspaces.
Located close to shopping centre and in the midst of young families and booming new resi development.
Net Income: $301,467 pa + GST.