Established and Affordable Childcare Investment – Booming Northern Corridor Growth Area
1-5 Hillmont Crescent, Morayfield QLD
Property Highlights
10 Year Lease Plus Options to 2030
Prominent Corner Position
Highly Desirable 4% Annual Increases
Description
10 year lease to 2020 Bright Horizons plus options to 2030
Bright Horizons: established early education provider with over 20 centres throughout Australia & New Zealand
Highly desirable 4% fixed annual rent increases and to market at option
Tenant pays all usual outgoings as per the lease
Well maintained facility, licensed for 68 LDC places
Prominent 2,296 sqm corner site, within established residential precinct and 700 metres from Minimbah State School
Morayfield: established and rapidly expanding suburb 40km north of Brisbane
Net Income: $170,038.78 pa + GST
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,296 SQM
Building Area
400 SQM