Freehold Investment- Dominant AAA Grade Childcare Investment Leased to ASX Listed G8 Education For Sale
For Sale 118 – 120 Robert Street, Atherton QLD
Trophy AAA Prime Childcare Centre Investment
- Securely Leased to ASX listed G8 Education Limited (ASX:GEM), market cap of $1.0 billion
- 16 years remaining on initial lease expiring September 2034 + 30 years of options (2064)
- Largest publicly listed operator of childcare in Australia with over 512 centres
- Net income of $205,000 p.a
- Licenced for 94 places
- Tenant performance at almost 100% occupancy underpinning the strength of the tenant
- Tenant pays all outgoings offering reliable annuity style income stream
- Solid rental growth profile the greater off 3.00% or CPI p.a
- 800 sqm* purpose built modern centre
- Constructed over an expansive 2,535 sqm site area with 22 car spaces
- Strategically located within the economically diverse Tableland region with a Gross Regional Product (GRP) of $1.20 billion p.a
For Sale – Contact Peter for the IM and more details
Current Daily Fees
0-2 $94
2-3 $94
3-5 $92
Current Demand: Supply Ratio
1.9 : 1 (# kids for every # existing place)
Average Household Income
$65,364
Estimated Resident Population
7,676 (ERP)
149 (0-1)
175 (2-3)
186 (4-5)
510 (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…