Childcare Centre, 8 Patrick Street,
Tamworth, NSW 2340

Medical & Consulting • Offices • Shops & Retail

Key property information

Floor area

Property extent

Tenure type

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Map of Childcare Centre, 8 Patrick Street

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Highly Sought After Childcare Investment

15 year lease to G8 Education to 2029
G8: ASX listed with 450+ centres
4% rent increases w ratchet provision

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

Tamworth, 2340 demographic data

The median household income for Tamworth is $697, 51% lower than Regional New South Wales's household income of $1,434. Tamworth has an older age profile compared to the rest of Regional New South Wales (median age 49 vs 43). Property ownership data shows 11% of property owners in Tamworth have a mortgage.

189

Population

$697 per week

Median household income

49 years

Median age

Renters

Most residents

Singles

Most households