Premium Brisbane Childcare Investment – 15 Year Triple Net Lease
11-15 Moordale Street, Chapel Hill QLD
Property Highlights
15 yr Triple Net Lease + opts to 2044
Fixed 3% annual rent increases
Metro location - 7 km from CBD
Description
+ 15 + 5 + 5 year Triple Net Lease to Green Leaves Early Learning to 2044
+ Tenant pays all outgoings including maintenance (structural & capital), insurance & land tax
+ Green Leaves Early Learning: high-end early education provider with a network of 29 centres nationally
+ 3% annual rent increases plus ‘ratchet’ provisions at market review
+ Impressive 828 sqm multi-storey child care facility licensed for 124 LDC places & with basement parking for 25 cars
+ Strategic city-bound site 700m from Indooroopilly Primary School & only 7km from the Brisbane CBD
+ Net Income: $437,720 pa + GST
For Sale by Auction
12 noon Wednesday 30 October 2019
Crown Casino, Melbourne VIC
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1,211 SQM
Building Area
828 SQM