The property is a brand new internationally best-in-class childcare investment securely leased to the largest for-profit childcare operator in Australia, G8 Education Limited (ASX: GEM) for 15 years to 2033 (term certain) + a further 10 year option to 2043
- Securely leased to ASX listed G8 Education Limited (ASX:GEM) with a market cap of $1.0 billion
- 10 years of further option periods from 19 July 2033 extending to 19 July 2043
- Robust underlying land value fundamentals
- Significant 1,056 sqm land holding
- Net income of $1,043,000
- One of Australia’s most affluent blue-ribbon suburb
- 29 basement car spaces offering exceptional convenience
- Tenant pays all outgoings offering reliable annuity style income stream
- Licenced for 149 places
- Strategically located within the economically diverse Sydney’s lower north shore suburb of Artarmon with a Value-add by industry of $1.59 billion per annum
- Annual rental review increases of 3.00% offering strong & secure income growth
- 3,000sqm* internationally best in class, global standard build
- Artarmon currently has a worker population of 10,137 people employed in 1,820 businesses
Current Daily Fees
0-2 $144
2-3 $139
3-5 $135
Current Demand: Supply Ratio
1: 1 (# kids for every # existing places)
Average Household Income
$155,467
Estimated Resident Population
10,055 (ERP)
260 (0-1)
274 (2-3)
279 (4-5)
813 (0-5-year-old children)
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Other opportunities
FOR SALE || Leasehold Interest (Business Sale) || Homebush || $147 Avg Daily Fee || 89 Place Centre || 13 Year Lease
FOR SALE || Leasehold Interest…