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20 Year Triple Net Lease – Entry Level Gold Coast Childcare Investment

117-119 Curtis Road, Tamborine Mountain QLD

Property Highlights

Triple Net Lease
Licensed for 75 Day Care Places
Prime Corner Position

Description

– 20 (twenty) year lease to December 2026
– 1 x 5 (five) year option to December 2031
– Licensed for 75 long day care places
– Goodstart Early Learning Ltd: Australia’s largest childcare provider with 649 centres nationwide and 13,000+ staff
– Tenant pays all outgoings including maintenance and Land Tax as per the lease
– Prime 1,992 sqm corner site diagonally opposite Tamborine Mountain State School
– Exclusive tourist precinct 20 km from Surfers Paradise
– 16 on-site line marked car spaces
– Annual CPI reviews
– Tamborine Mountain in an area known as the ‘Green Behind the Gold’ is a picturesque town located in the Gold Coast Hinterland approximately 50 minutes drive from Surfers Paradise
– Net Income: $119,985 pa + GST

Auction: Tuesday 27 October 2020
Venue: Sydney CBD Venue

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1,992 SQM
Building Area
580 SQM

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