91 Paine Street,
Maroubra, NSW 2035
Medical & Consulting • Shops & Retail
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Map of 91 Paine Street
Exclusive Eastern Suburbs Childcare
- Secure 10 + 10 + 10 + 10yr lease to G8
- G8: ASX listed with 450+ Centres
- Annual reviews with ratchet provisions
Secure 10 year lease to G8 Education Limited to 2024
Three further 10 year options to 2054
G8 Education Ltd: largest ASX listed early education provider with over 450 centres nationally and a market cap of $1.48billion
Annual rent reviews plus ratchet provisions (i.e. rent cannot reduce) at market review ensuring guaranteed rental growth
Tenant pays all usual outgoings including management fees
Single-level facility with service approval for 36 LDC places
Outstanding 538 sqm corner site opposite South Sydney High School, metres from the junction with Maroubra Road and only 8.5km from the CBD
Net Income: $131,747 pa
Auction commencing 11am AEST Tuesday
16 May 2017, Doltone House Hyde Park, Sydney
This property is offered as part of a Portfolio of 5 Childcare Investments with the additional 4 in the following locations; To Be Sold Separately.
Chifley NSW,36 Burke Street
Vaucluse NSW, 5 Billong Avenue
Kensington NSW, 61 Milroy Avenue
South Coogee NSW, 158 Moverly Road
Three further 10 year options to 2054
G8 Education Ltd: largest ASX listed early education provider with over 450 centres nationally and a market cap of $1.48billion
Annual rent reviews plus ratchet provisions (i.e. rent cannot reduce) at market review ensuring guaranteed rental growth
Tenant pays all usual outgoings including management fees
Single-level facility with service approval for 36 LDC places
Outstanding 538 sqm corner site opposite South Sydney High School, metres from the junction with Maroubra Road and only 8.5km from the CBD
Net Income: $131,747 pa
Auction commencing 11am AEST Tuesday
16 May 2017, Doltone House Hyde Park, Sydney
This property is offered as part of a Portfolio of 5 Childcare Investments with the additional 4 in the following locations; To Be Sold Separately.
Chifley NSW,36 Burke Street
Vaucluse NSW, 5 Billong Avenue
Kensington NSW, 61 Milroy Avenue
South Coogee NSW, 158 Moverly Road
Additional information
Property ID: 502367986Last Updated: 3 May 2021
91 Paine Street
Maroubra, NSW 2035
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SYDNEY, NSW 2000
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