Share this property

realcommercial.com.au

223-225 Vincent Street Cessnock, NSW 2325

Directions

223-225 Vincent Street,
Cessnock, NSW 2325

Shops & Retail • Showrooms & Large Format Retail • Medical & Consulting

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Car spaces

Tenure type

Sold on

Map of 223-225 Vincent Street

Directions

ASX Listed Tenanted Investment – Fixed 4% increases annually

  • ASX Listed Tenant - G8 Education Limited
  • 10 year lease to 2027 + options to 2042
  • Net income: $273,520 p.a + GST
Cushman & Wakefield are pleased to present 223 - 225 Vincent Street, Cessnock For Sale via Expressions of Interest closing on Thursday 26th July 2018 at 4pm AEST

The opportunity features:

- 10 year lease to 2027 plus options to 2042
- G8 Education Ltd: Largest ASX listed childcare and education provider with over 500 centres across Australia and Singapore – market capitalisation of $1.20 Billion
- Significant 2,450sqm land holding along Cessnock’s main retail/commercial precinct, adjacent to Bunnings
- Newly completed centre in 2017 providing modern and well designed childcare centre
- Licensed for 104 long day care places
- Cessnock: Hunter Valley region with a population of 56,000 and famous for its wineries and strong mining and agricultural industries
- Tenant pays all usual outgoings (incl. management fees)
- Favourable lease structure including ratchet provisions ensuring income growth
- Fixed 4% annual rent increases
- Net Income: $273,520 p.a + GST

For more information please contact exclusive agents Cushman & Wakefield.

Property ID: 502864490Last Updated: 25 Sep 2018

realcommercial.com.au logo
223-225 Vincent Street
Cessnock, NSW 2325
Cushman & Wakefield - Sydney
Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
Cushman & Wakefield - Brisbane
Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

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.