SOLD
SOLD
SOLD
SOLD
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SOLD
SOLD
SOLD
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SOLD

Established Gold Coast Childcare Investment

190-200 Scarborough Street , Southport QLD

Property Highlights

New 15 year net lease + opts to 2054
Fixed 3% annual rent increases
Prominent 2,627 sqm main road site

Description

+ Two further 10 year options to 2054
+ Fixed 3% annual rent increases
+ Tenant pays all usual outgoings including Land Tax
+ Global Sky Education: experienced and successful early education provider with a network of 10 centres nationally
+ Prominent 2,627 sqm main road corner site with favourable Medium Density Residential Zone and metres from Southport’s CBD and Australia Fair Shopping Centre
+ Well maintained two storey purpose-built facility licensed for 105 LDC places
+ Southport: major residential and commercial centre of the City of Gold Coast
+ Net Income: $262,500 pa + GST + Outgoings

For Sale by Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
2,627 SQM
Building Area
1 SQM

Contact Agents

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