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
Occupancy Type
Childcare
Land Size
2,627 SQM
Gross Building Area
1 SQM

Contact Agents

Natalie Couper

0413 856 983

Adam Thomas

0418 998 971

Doug Doyle

0400 564 623

Jamie Dewe

0410 350 273

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