Childcare Centre, 61 Milroy Avenue,
Kensington, NSW 2033
Medical & Consulting • Offices • Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of Childcare Centre, 61 Milroy Avenue
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
Double-storey facility with service approval for 56 LDC places
Superb 709 sqm corner site providing direct access to the Eastern Distributor and only 4.5km from the CBD
Net Income: $245,928 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
Maroubra NSW, 91 Paine Street
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
Double-storey facility with service approval for 56 LDC places
Superb 709 sqm corner site providing direct access to the Eastern Distributor and only 4.5km from the CBD
Net Income: $245,928 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
Maroubra NSW, 91 Paine Street
South Coogee NSW, 158 Moverly Road
Additional information
Property ID: 502367978Last Updated: 3 May 2021
Childcare Centre, 61 Milroy Avenue
Kensington, NSW 2033
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
