Affordable Childcare Asset – Renewed 14 Year Net Lease to ASX Listed Tenant

  • $1,500,000/Contact Stonebridge Team

Property Description

Stonebridge is pleased to present ‘G8 Education Orange’ for sale via National Portfolio Auction on Wednesday 24 September at 11am (AEST).

The asset has the following key investment features:

– Renewed 14 year net lease to 2034 plus options to 2039, with CPI annual rent increases and secured by a 6 month Bank Guarantee

– G8 Education – Dominant ASX listed childcare operator across 406+ centres nationally, market cap. $717M^

– Large 2,374 sqm* landholding improved by 71 place childcare centre with 16 convenient at grade car parks

– Central position less than 1km* from Orange commercial hub featuring Woolworths, Coles, Dan Murphys and more

– Favourable Net Lease – Tenant pays all usual outgoings including Insurance, Rates & General R&M’s

– Orange – Located within the dynamic Central West with population projected to boom to 325k+ residents by 2046

– Net Income $149,746 pa* + GST

‘G8 Education Orange’ is for sale via National Portfolio Auction on Wednesday 24 September at 11am (AEST)

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1406

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