SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Entry Level Asset Leased to Australia’s Largest Operator

2 Blackbutt Place, BYRON BAY NSW

Description

Fifteen (15) years to 8 Goodstart Early Learning Limited to June 2023.
Two (2) further terms of five (5) years, each with a five (5) year notice period.
Annual CPI reviews with a 2.5% minimum increase and a 6% maximum increase.
Next Market Review date is 8 June 2018, rent can not reduce as a result of the market review and the review is capped at 7.5%.
Tenant responsible for rates, insurance and repairs and maintenance (including structural), management fees and land tax (where applicable).
$55,543 pa (approx).

Unique Child care Portfolio Auction be held on Wednesday 25 June at 10:30am
Crown Conference Centre, 25 Whiteman Street, Southbank, Opposite Crown Towers

Interstate bidding available
Live webcast and registered interstate bidding by prior arrangement at the following locations:
Sydney: Mezzanine Level, 50 Margaret Street
Brisbane: Level 20, 307 Queen Street

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
838 SQM
Gross Building Area
251 SQM

Contact Agents

Adam Thomas

+610 418 998971

Billy Holderhead

Request Information

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