Childcare Centre, 34 Connaught Road,
Valentine, NSW 2280
Medical & Consulting • Offices • Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of Childcare Centre, 34 Connaught Road
Affordable Childcare Investment
- 15 year lease to G8 Education to 2029
- G8: ASX listed with 480+ centres
- 4% rent increases + ratchet provisions
Secure 15 year lease plus options to G8 Education Limited
G8 Education Ltd: largest ASX listed early education provider with over 480 centres nationally and a market cap of $1.7 billion
Highly desirable 4% annual rental increases plus ratchet provisions (i.e. rent cannot reduce) at market review, ensuring guaranteed rental growth
Two further 5 year options to November 2039
Tenant pays all usual outgoings including management fees
Well-maintained facility licensed for 39 places
Substantial 796 sqm site located 1.3km from Valentine Public School and 2.5km from the Coles and Woolworths anchored Lake Macquarie Shopping Centre
Established residential precinct located only 12km from the Newcastle CBD
Long established and proven business acquired by G8 Education
Net Income: $92,238 pa (November 2017) + GST
Auction 11am Tuesday 8 August 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
G8 Education Ltd: largest ASX listed early education provider with over 480 centres nationally and a market cap of $1.7 billion
Highly desirable 4% annual rental increases plus ratchet provisions (i.e. rent cannot reduce) at market review, ensuring guaranteed rental growth
Two further 5 year options to November 2039
Tenant pays all usual outgoings including management fees
Well-maintained facility licensed for 39 places
Substantial 796 sqm site located 1.3km from Valentine Public School and 2.5km from the Coles and Woolworths anchored Lake Macquarie Shopping Centre
Established residential precinct located only 12km from the Newcastle CBD
Long established and proven business acquired by G8 Education
Net Income: $92,238 pa (November 2017) + GST
Auction 11am Tuesday 8 August 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Property ID: 502466742Last Updated: 3 May 2021
Childcare Centre, 34 Connaught Road
Valentine, NSW 2280
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
594 Pacific Highway,Belmont, NSW 2280 325 m²Shops & Retail • Offices • Medical & Consulting
