Childcare Centre, 19 Fourth Avenue,
Condell Park, NSW 2200
Medical & Consulting • Offices • Shops & Retail
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Map of Childcare Centre, 19 Fourth Avenue
Highly Desirable Childcare Investment
- 15 yr lease to G8 Education to 2029
- G8: ASX listed with 450+ Centres
- 4% rent increases + ratchet provisions
Secure 15 year lease plus options to G8 Education to 2029
Two further 5 year options to September 2039
G8 Education Ltd: largest ASX listed early education provider with over 480 centres nationally and a market cap of $1.38 billion
Highly desirable 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
Well-presented child care facility licensed for 33 places
Prominent 766 sqm corner site within an established residential precinct and only 19km south-west from Sydney’s CBD
Long established and proven business acquired by G8 Education
Net Income: $94,099 pa + GST
Auction 11am AEST Tuesday 27 June 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Two further 5 year options to September 2039
G8 Education Ltd: largest ASX listed early education provider with over 480 centres nationally and a market cap of $1.38 billion
Highly desirable 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
Well-presented child care facility licensed for 33 places
Prominent 766 sqm corner site within an established residential precinct and only 19km south-west from Sydney’s CBD
Long established and proven business acquired by G8 Education
Net Income: $94,099 pa + GST
Auction 11am AEST Tuesday 27 June 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
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Property ID: 502424066Last Updated: 3 May 2021
Childcare Centre, 19 Fourth Avenue
Condell Park, NSW 2200
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
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