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Modern 2 Year Old Childcare Centre – New 10 Year Lease + Options to 2039

22 Creek Street, Walkerston QLD

Property Highlights

New ten year lease + options to 2039
Modern 2 year old daycare centre
Annual 3% fixed rent increases

Description

New 10 year lease commenced 2019 plus options to 2039
Modern well designed 2 year old centre with service approval for 94 LDC places
Annual 3% fixed rent increases
Land area 2,757 sqm
Building area 539 sqm
16 On-grade lined car parks
Walkerston: residential growth area 14 km to Mackay CBD Mackay: fast growing commercial centre underpinned by agriculture, mining and tourism
Population 120,000
Tenant pays all outgoings as per the lease
Excellent depreciation & taxation allowances
Net Income – $169,000 pa + GST

Auction: 11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,757 SQM
Building Area
539 SQM

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