223-225 Vincent Street,
Cessnock, NSW 2325
Shops & Retail • Showrooms & Large Format Retail • Medical & Consulting
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Map of 223-225 Vincent Street
ASX Listed Tenanted Investment – Fixed 4% increases annually
- ASX Listed Tenant - G8 Education Limited
- 10 year lease to 2027 + options to 2042
- Net income: $273,520 p.a + GST
Cushman & Wakefield are pleased to present 223 - 225 Vincent Street, Cessnock For Sale via Expressions of Interest closing on Thursday 26th July 2018 at 4pm AEST
The opportunity features:
- 10 year lease to 2027 plus options to 2042
- G8 Education Ltd: Largest ASX listed childcare and education provider with over 500 centres across Australia and Singapore – market capitalisation of $1.20 Billion
- Significant 2,450sqm land holding along Cessnock’s main retail/commercial precinct, adjacent to Bunnings
- Newly completed centre in 2017 providing modern and well designed childcare centre
- Licensed for 104 long day care places
- Cessnock: Hunter Valley region with a population of 56,000 and famous for its wineries and strong mining and agricultural industries
- Tenant pays all usual outgoings (incl. management fees)
- Favourable lease structure including ratchet provisions ensuring income growth
- Fixed 4% annual rent increases
- Net Income: $273,520 p.a + GST
For more information please contact exclusive agents Cushman & Wakefield.
The opportunity features:
- 10 year lease to 2027 plus options to 2042
- G8 Education Ltd: Largest ASX listed childcare and education provider with over 500 centres across Australia and Singapore – market capitalisation of $1.20 Billion
- Significant 2,450sqm land holding along Cessnock’s main retail/commercial precinct, adjacent to Bunnings
- Newly completed centre in 2017 providing modern and well designed childcare centre
- Licensed for 104 long day care places
- Cessnock: Hunter Valley region with a population of 56,000 and famous for its wineries and strong mining and agricultural industries
- Tenant pays all usual outgoings (incl. management fees)
- Favourable lease structure including ratchet provisions ensuring income growth
- Fixed 4% annual rent increases
- Net Income: $273,520 p.a + GST
For more information please contact exclusive agents Cushman & Wakefield.
Property ID: 502864490Last Updated: 25 Sep 2018
223-225 Vincent Street
Cessnock, NSW 2325
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