Outstanding Childcare Investment
115 Hughes Road, BARGARA QLD
Secure 10 year lease to Lead Childcare to 2022 plus one further 10 year option.
Lead Childcare: Experienced and successful child care provider with 16 facilities across QLD.
Rare triple net lease terms with tenant responsible for all usual outgoings plus capital and structural works.
Annual CPI rent reviews plus market review (with ratchet clause) at the commencement of each further term.
Modern well presented, purpose built facility providing quality services.
Licensed for 75 Long Day Care (LDC) places.
Substantial 7,981 sqm site adjoining recent residential development with potential for future subdivision (STCA).
Part of Bundaberg region and being a strong coastal community with circa 100,000 population.
Rent: $118,281 pa.