15-17 Stitt Street,
Innisfail, QLD 4860

Shops & Retail • Medical & Consulting • Other

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Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

15-17 Stitt Street

Innisfail, QLD 4860

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20 Year Triple Net Lease to ASX Listed - G8 Education

20 + 10 Year Triple Net Lease
Minimum 3% pa rent increases
ASX listed tenant

+ Highly sought-after 20 + 10 Year Triple Net Lease to G8 Education Ltd to 2047 + G8 Education Ltd: largest ASX listed early education provider with 470+ childcare centres across Australia and Singapore + Triple Net Lease terms - Tenant pays all outgoings including all maintenance (both capital and structural) insurances, rates and Land Tax (multiple holding) + Minimum 3% pa rent increases with ‘ratchet’ provisions at Market Review ensuring guaranteed rental growth + Large 1,829 sqm corner site + Modern 709 sqm child care facility over two levels, licensed for 75 LDC places + Innisfail: commercial service centre of the Cassowary Coast Regional Council + Net Income: $127,308 pa (Jan 2020)
For Sale by Auction 11am Wednesday 11 December 2019 Crown Casino, River Room, Melbourne

Property ID: 503394094Last Updated: 3 May 2021

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000