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