39-41 The Grove Way,
Salisbury Heights, SA 5109
Medical & Consulting • Other
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CBRE - South Australia (RLA 208125)
Level 5, 151 Pirie StreetADELAIDE, SA 5000
39-41 The Grove Way
Salisbury Heights, SA 5109
Map of 39-41 The Grove Way
AFFORDABLE CHILDCARE CENTRE WITH ASX LISTED TENANT
- Fixed 4% annual rent increase
- Leased to G8 Education until 2029
- 3 further 5 year options until 2044
CBRE are delighted to offer a purpose built childcare investment tenanted by the ASX listed G8 Education Limited. The property forms part of CBRE’s Elite Property Auction Series, to be held on Thursday 18th November 2021, at the Zinc Federation Square, Southbank, Melbourne.
Key property highlights include:
- 15 year lease to G8 Education Limited to 2029
- Three further 5 year options to 2044
- Estimated net rent of $131,593 per annum
- Fixed 4% annual rent increases
- G8 Education: largest ASX listed childcare provider with over 470 centres nationally
- Tenant pays outgoings including land tax
- Modern facility licensed for 42 LDC places
- Prominent location with limited competition in the area
FOR SALE BY AUCTION
6pm (AEDT) Thursday 18th November 2021, at the Zinc Federation Square, Southbank, Melbourne.
5:30 (CDST) at CBRE Adelaide Offices – Level 5, 151 Pirie Street, Adelaide
Please contact the Adelaide agents with any other questions:
Harry Einarson: +61 421 747 4...
Mitch Curnow: +61 415 494 0...
CBRE’s Elite Property Auction Series including National Retailers, Child Care Centres & Car Parks. Join us online or in person on Thursday 18th of November.
https://www.cbre.com.au/elite-property-auction
Key property highlights include:
- 15 year lease to G8 Education Limited to 2029
- Three further 5 year options to 2044
- Estimated net rent of $131,593 per annum
- Fixed 4% annual rent increases
- G8 Education: largest ASX listed childcare provider with over 470 centres nationally
- Tenant pays outgoings including land tax
- Modern facility licensed for 42 LDC places
- Prominent location with limited competition in the area
FOR SALE BY AUCTION
6pm (AEDT) Thursday 18th November 2021, at the Zinc Federation Square, Southbank, Melbourne.
5:30 (CDST) at CBRE Adelaide Offices – Level 5, 151 Pirie Street, Adelaide
Please contact the Adelaide agents with any other questions:
Harry Einarson: +61 421 747 4...
Mitch Curnow: +61 415 494 0...
CBRE’s Elite Property Auction Series including National Retailers, Child Care Centres & Car Parks. Join us online or in person on Thursday 18th of November.
https://www.cbre.com.au/elite-property-auction
Property ID: 503938934Last Updated: 25 Jan 2022
CBRE - South Australia (RLA 208125)Level 5, 151 Pirie Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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