Brand New 15 Year Lease to 2033 + Options to 2053 Highly Experienced Operator!
1 Mary Street, Kingston QLD
Property Highlights
15 year lease to 2033
4 x 5 year options to 2053
Net Income: $178,100 pa + GST
Description
15 year lease to 2033 + 4 x 5 year options to 2053
Full service centre offering care 0-4 yrs. of age from 6:30am-6:30 pm 5 days
Approved for 82 LDC places
Highly experienced operator with 14 centres
Land size of 1,647 sqm with building area of 705 sqm
Completely refurbished inside and out to a very high standard
Excellent location within dense residential catchment
Tenant pays all outgoings as per the lease
Bank Guarantee – 3 months
Fixed annual increases of 3%
Net Income: $178,100 pa + GST
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1,647 SQM
Building Area
705 SQM