15-17 Covent Gardens Way,
Banora Point, NSW 2486
Medical & Consulting • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Parking info
Property extent
Tenure type
Sold on
Cushman & Wakefield - Brisbane
Level 11, 123 Eagle StreetBRISBANE CITY, QLD 4000
07 3852 22...
15-17 Covent Gardens Way
Banora Point, NSW 2486
Map of 15-17 Covent Gardens Way
ASX Listed G8 Education Ltd - NSW Fastest Growing Region
- 15 year lease to 2022 + options to 2037
- 100% occupancy, 76 place centre
- Net income $146,982 pa + GST
Cushman and Wakefield are pleased to present to the market 15-17 Covent Gardens Way, Banora Point (Tweed Heads).
The property has the following key characteristics:
• 15 year lease to November 2022 + options to 2037
• Northern Rivers: NSW fastest growing region
• G8 Education Ltd: Largest ASX listed childcare and education provider with over 500 centres across Australia and Singapore - market cap of $1.2 Billion
• Thriving business operating at 100% occupancy with an excellent reputation, giving further confidence to the tenants longevity in this location
• Licensed for 76 long day care places
• 18 car parks on title
• Significant 2,418sqm land holding amongst strong family orientated residential precinct
• Strategic location, only a 1 minute walk to Centaur Primary School & Banora Point High School
• Annual rent reviews and market reviews
• Tenant pays all usual outgoings including capital / structural works (excluding building insurance)
• Banora Point: Rapidly growing area with house prices reportedly increasing by nearly 35% in the last 3 years
• Net Income $146,982 pa + GST (as at Nov 2018, assume 2.1% CPI)
*Approx.
For more information please contact the agents at Cushman & Wakefield.
The property has the following key characteristics:
• 15 year lease to November 2022 + options to 2037
• Northern Rivers: NSW fastest growing region
• G8 Education Ltd: Largest ASX listed childcare and education provider with over 500 centres across Australia and Singapore - market cap of $1.2 Billion
• Thriving business operating at 100% occupancy with an excellent reputation, giving further confidence to the tenants longevity in this location
• Licensed for 76 long day care places
• 18 car parks on title
• Significant 2,418sqm land holding amongst strong family orientated residential precinct
• Strategic location, only a 1 minute walk to Centaur Primary School & Banora Point High School
• Annual rent reviews and market reviews
• Tenant pays all usual outgoings including capital / structural works (excluding building insurance)
• Banora Point: Rapidly growing area with house prices reportedly increasing by nearly 35% in the last 3 years
• Net Income $146,982 pa + GST (as at Nov 2018, assume 2.1% CPI)
*Approx.
For more information please contact the agents at Cushman & Wakefield.
Property ID: 502924302Last Updated: 15 Nov 2018
Cushman & Wakefield - BrisbaneLevel 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Contact Agency
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.
More properties from Cushman & Wakefield - Brisbane
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
30 Naru Street,Chinderah, NSW 2487 1035 m²Shops & Retail • Medical & Consulting • Showrooms & Large Format Retail