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Childcare Centre, 46 Wellington Road Mount Barker, SA 5251

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Childcare Centre, 46 Wellington RoadMount Barker, SA 5251

Medical & Consulting • Shop & Retail • Offices
Sold Price

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Land area

3345.0m²

Floor area

1.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

28 Jun 2017

Highly Successful Childcare Investment

  • 15yr lease to G8 Education to 2029
  • G8: ASX listed with 480+ centres
  • 4% rent increases + ratchet provisions
Long 15 year lease to G8 Education Limited to June 2029
G8 Education Ltd: largest ASX listed early education provider with over 480 centres nationally and a market cap of $1.38 billion
Three further 5 year options to June 2044
Fixed 4% annual rental increases plus ratchet provisions (i.e. rent cannot reduce) at market review ensuring guaranteed rental growth
Tenant pays all usual outgoings including management fees
Modern purpose-built child care facility licensed for 98 LDC places
Large 3,345 sqm main road site within one of South Australia’s fastest growing regions and only 32km south-east from the Adelaide CBD
Long established and proven business recently acquired by G8 Education
Net Income: $205,850 pa + GST

Auction 11am AEST Wednesday 28 June 2017
River Room, Crown Casino, Melbourne

Additional information

Property ID: 502424662Last Updated: 22 Jul 2019

Childcare Centre, 46 Wellington Road
Mount Barker, SA 5251

Agency contacts

Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
JLL - Adelaide

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JLL - Adelaide

25 Grenfell Street
ADELAIDE, SA 5000
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Send to:

Adam Thomas
Burgess Rawson - Melbourne
Childcare Centre, 46 Wellington Road Mount Barker, SA 5251

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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