Freehold Investment- Dominant AAA Grade Childcare Investment Leased to ASX Listed G8 Education For Sale
For Sale 1 Jacks Close, Kelso (Bathurst)
Trophy AAA Prime Childcare Centre Investment
- Securely Leased to ASX listed G8 Education Limited (ASX:GEM), market cap of $1.0 billion
- 14 years remaining on initial lease expiring June 2034 + 10 years of options (2044)
- Largest publicly listed operator of childcare in Australia with over 512 centres
- Net income of $571,500 p.a
- Licenced for 129 places
- Tenant pays all outgoings offering reliable annuity style income stream
- Solid rental growth profile of 3.00% p.a.
- 900 sqm* purpose built modern centre
- Constructed over an expansive 2,572 sqm site area
- The Bathurst Regional Council Area (BRCA) produces an annual Gross Regional Product (GRP) of $2.12 billion.
- The current estimated resident population of BRCA is 42,799 with approximately 19,515 local jobs and 3,432 local businesses.
For Sale – Contact Peter for the IM and more details
Current Daily Fees
$115
Current Demand: Supply Ratio
5.4 : 1 (# kids for every # existing place)
Average Household Income
$86,008
Estimated Resident Population
8,503 (ERP)
260 (0-1)
297 (2-3)
296 (4-5)
853 (0-5-year-old children)
Enquire now
Other opportunities
FOR SALE || Leasehold Interest (Business Sale) || Homebush || $147 Avg Daily Fee || 89 Place Centre || 13 Year Lease
FOR SALE || Leasehold Interest…