15-17 Covent Gardens Way,
Banora Point, NSW 2486
Medical & Consulting • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Parking info
Property extent
Tenure type
Sold on
Cushman & Wakefield - Brisbane
Level 11, 123 Eagle StreetBRISBANE CITY, QLD 4000
07 3852 22...
15-17 Covent Gardens Way
Banora Point, NSW 2486
Map of 15-17 Covent Gardens Way
ASX Listed G8 Education Ltd - NSW Fastest Growing Region
- 15 year lease to 2022 + options to 2037
- 100% occupancy, 76 place centre
- Net income $146,982 pa + GST
Cushman and Wakefield are pleased to present to the market 15-17 Covent Gardens Way, Banora Point (Tweed Heads).
The property has the following key characteristics:
• 15 year lease to November 2022 + options to 2037
• Northern Rivers: NSW fastest growing region
• G8 Education Ltd: Largest ASX listed childcare and education provider with over 500 centres across Australia and Singapore - market cap of $1.2 Billion
• Thriving business operating at 100% occupancy with an excellent reputation, giving further confidence to the tenants longevity in this location
• Licensed for 76 long day care places
• 18 car parks on title
• Significant 2,418sqm land holding amongst strong family orientated residential precinct
• Strategic location, only a 1 minute walk to Centaur Primary School & Banora Point High School
• Annual rent reviews and market reviews
• Tenant pays all usual outgoings including capital / structural works (excluding building insurance)
• Banora Point: Rapidly growing area with house prices reportedly increasing by nearly 35% in the last 3 years
• Net Income $146,982 pa + GST (as at Nov 2018, assume 2.1% CPI)
*Approx.
For more information please contact the agents at Cushman & Wakefield.
The property has the following key characteristics:
• 15 year lease to November 2022 + options to 2037
• Northern Rivers: NSW fastest growing region
• G8 Education Ltd: Largest ASX listed childcare and education provider with over 500 centres across Australia and Singapore - market cap of $1.2 Billion
• Thriving business operating at 100% occupancy with an excellent reputation, giving further confidence to the tenants longevity in this location
• Licensed for 76 long day care places
• 18 car parks on title
• Significant 2,418sqm land holding amongst strong family orientated residential precinct
• Strategic location, only a 1 minute walk to Centaur Primary School & Banora Point High School
• Annual rent reviews and market reviews
• Tenant pays all usual outgoings including capital / structural works (excluding building insurance)
• Banora Point: Rapidly growing area with house prices reportedly increasing by nearly 35% in the last 3 years
• Net Income $146,982 pa + GST (as at Nov 2018, assume 2.1% CPI)
*Approx.
For more information please contact the agents at Cushman & Wakefield.
Property ID: 502924302Last Updated: 15 Nov 2018
Cushman & Wakefield - BrisbaneLevel 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Contact Agency
More properties from Cushman & Wakefield - Brisbane
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
30 Naru Street,Chinderah, NSW 2487 1035 m²Shops & Retail • Medical & Consulting • Showrooms & Large Format Retail