Stunning Childcare Investment Highly Sought-After 15 Year Triple Net Lease
16 Keong Road , Albany Creek QLD
Property Highlights
Description
+ Secure 15 + 5 + 5 year triple net lease to Green Leaves to 2044
+ 3% annual rent increases plus ‘ratchet’ provisions at market review
+ Tenant pays all outgoings including capex, management fees and land tax
+ Green Leaves: established and successful high-end early education provider with 23 centres nationally
+ Premium 848 sqm double storey child care facility licensed for 109 LDC places
+ Prominent 1,202 sqm main road site opposite new Hungry Jack’s and established ALDI retail centre
+ Strategic position at the gateway to the popular Albany Creek retail precinct
+ New construction with significant income tax saving depreciation benefits
+ Net Income: $354,250 pa + GST
Auction 11am AEST Wednesday 26 June 2019
River Room, Crown Casino, Melbourne
Property Details
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