$1,725,000 - 7.6%
Childcare Investment - AAA grade tenant and location
11 Cottesloe Drive, KEWARRA BEACH QLD 4879
Listing ID. 0061
- Childcare Investment - Yield 8.5% net pa
- The tenant is G8 Education - ASX listed and provides enormous security of tenure
- Lease runs until 2017 + 3 x 5 year options
- All outgoings paid by tenant - Excl land Tax
This investment property is tenanted by Australasia's largest ASX listed childcare group in G8 Education Limited. G8 is the leading provider of quality childcare and education facilities across Australia and Singapore and continues to record strong growth and great returns to its investors.
The G8 portfolio consists of a group of outstanding early childhood education brands and while they are controlled by HQ they are considered 'community based' with a strong focus on early learning principles and sustainable business models. The childcare care industry continues to experience massive appeal to all levels of investment and a recent Childcare investment property - located at 148-152 Mulgrave Rd Cairns - and sold at Auction for $2.860,000 - yield of 6.85% net on a rental of $195,888 net pa at $2,226/place/pa.