NDIS Backed Long-standing Assisted Living Facility – Brand new 15yr lease to 2037 plus options to 2057
21 Christine Street, North Booval QLD
Property Highlights
Brand new 15yr lease to 2037
Tenant pays outgoings (excl. land tax)
Longstanding tenant of over 20 years
Description
+ 40 bedroom Level 3 accredited Residential Care facility
+ 4,587sqm site in the heart of the Ipswich growth corridor
+ Brand new 15 year lease to 2037 plus options to 2057
+ Tenant pays all outgoings including land tax
+ Greater of CPI or 2.5% annual rent reviews
+ Long term tenant of over 20 years in this location
+ Offering both disabled and aged care to the market
+ Secured by strong government funding – NDIS set to receive over $100 billion in funding over the next 5 years
+ Net income of $190,000 per annum + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 12 May 2022
Hilton Hotel – Level 5
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
4,587 SQM
Building Area
0 SQM