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Future Proof, Brand New Childcare Centre – Circa 7.5% Expected

17 Ginger Street, Zuccoli NT

Property Highlights

10 year lease to 2028
Annual Increase: 3%
Net Income: $400,000 pa + GST

Description

10 year lease to 2028 + options to 2048
160 LDC place centre, operated by Creative Kids Childcare (third operation in Darwin )
Annual Increase: 3%
Market Review at the option – ratchet provisions apply
Tenant pays 100% of outgoings as per lease including Land Tax
3 Month Bank Guarantee + Director’s Guarantee
Zuccoli master planned community with approx. 4500 house lots, 2 primary schools, Town Centre precinct, 30 mins. to Darwin CBD
Darwin large Defence and Public Servant workforce with high income rates
Suburbs Zuccoli and neighbouring Johnston – highest demographic of children under 4 yrs. in Australia, also the fastest growing area in the NT
Net Income: $400,000 pa + GST

Auction 11am Wednesday 12 September 2018
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
3,140 SQM
Building Area
3,140 SQM

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