Stonebridge National Investment Sales is pleased to present to the market G8 Education Queanbeyan for sale via National Portfolio Auction Wednesday 28 June at 11am.

The asset has the following key investment features:

– Secure 27 year triple net lease to 2034 + option to 2039 with favourable uncapped CPI annual rent increases

– G8 Education – Dominant ASX listed childcare operator across 448+ centres nationally, market cap $850m+*

– Prime childcare location 300m* from ‘Queanbeyan West Public School’ (500+ students), 8 schools within a 3 km* radius

– Well established, purpose built 92 place facility set across 2,570 sqm* landholding with 32 car parks

– Easily accessible and convenient childcare position adjacent to major arterial Canberra Avenue (23,488+ vehicles daily*)

– Attractive location within close proximity to key commercial and retail activity, only 13 km* to Canberra CBD

– Strong connectivity situated only 1.6 km* to Queanbeyan Train Station and 8 km* to Canberra Airport

– Affluent catchment with personal income 44%* above national average and underpinned by security of public sector driven workforce

– Queanbeyan – Booming NSW location experiencing monumental growth, local population forecast to increase 30% and reach 85,084 residents* by 2041

– Lease secured by Bank Guarantee equivalent to 6 months’ Rent & Outgoings + GST

– Attractive land tax free commercial investment

– Triple net lease structure – tenant responsible for all outgoings including Management Fees and Structural Repairs & Maintenance

– Net Income $176,628 pa* + GST^ (as at August 2023)

G8 Education Queanbeyan is for sale via National Portfolio Auction Wednesday 28 June at 11am. Please contact the exclusively appointed Stonebridge property professionals for more information.

* Approximately
^ Assuming 6.7% CPI increase at August Rent Review

Property Code: 685