Premium Inner City Childcare Investment | New 15 Year Triple Net Lease

254-258 Buckland Road, Nundah QLD

Property Highlights

New 15 year Triple Net Lease
Annual 3% rent increases
Inner city location - 7 km from CBD

Description

+ 15 + 5 + 5 year Triple Net Lease to Edge Early Learning to 2044
+ Edge Early Learning: premium early education provider with 15 centres across Brisbane and the Gold Coast
+ Triple Net Lease terms – Tenant pays all outgoings including all maintenance (both capital and structural) insurances, rates and Land Tax
+ Annual 3% rent increases plus ‘ratchet’ provisions at Market Review ensuring guaranteed rental growth
+ Impressive 581 sqm multi-storey child care facility licensed for 83 LDC places
+ Prominent main road site 300 metres from Nundah State School and only 7km from the Brisbane CBD
+ Brand new construction with significant depreciation benefits
+ Net Income: $290,500 pa + GST and Outgoings

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

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1,164 SQM
Building Area
581 SQM

Contact Agents

Adam Thomas

0418 998 971

Contact Me

Natalie Couper

0413 856 983

Jamie Dewe

0410 350 273

Doug Doyle

0400 564 623

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