Secure 10 year lease to G8 Education to 2026 plus options to 2036.
Attractive 4% or CPI pa increases whichever is the greater plus ‘ratchet’ provisions ensuring long term rental growth.
Earth Kids is a premium childcare brand of G8 Education Ltd: the largest ASX listed early education provider with over 480 centres nationally and a market cap of $1.70 billion.
Stunning 49 place childcare centre which has recently won prestigious National & Local awards for excellence in sustainable building design.
Newly completed in 2015, in high occupancy locality.
Highly exposed main road position nestled amongst Sydney’s affluent northern suburbs of St Ives & Wahroonga (CBD 20 km) close to many exclusive schools & a thriving shopping village.
Substantial tax depreciation benefits.
Tenant pays all usual outgoings plus management fees.
Net Rent: $187,200 pa + GST.