SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

NDIS Backed Long-standing Assisted Living Facility – Brand new 15yr lease to 2037 plus options to 2057

21 Christine Street , North Booval QLD

Property Highlights

Brand new 15yr lease to 2037
Tenant pays outgoings (excl. land tax)
Longstanding tenant of over 20 years

Description

+ 40 bedroom Level 3 accredited Residential Care facility
+ 4,587sqm site in the heart of the Ipswich growth corridor
+ Brand new 15 year lease to 2037 plus options to 2057
+ Tenant pays all outgoings including land tax
+ Greater of CPI or 2.5% annual rent reviews
+ Long term tenant of over 20 years in this location
+ Offering both disabled and aged care to the market
+ Secured by strong government funding – NDIS set to receive over $100 billion in funding over the next 5 years
+ Net income of $190,000 per annum + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 12 May 2022
Hilton Hotel – Level 5

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
4,587 SQM
Building Area
0 SQM

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