Affordable Childcare Investment. 10 Year Lease to Affinity Education
337 Dean Street, ROCKHAMPTON CITY QLD
Description
– Secure 10 year lease to Affinity Education Group Ltd to 2024.
– Further 10 + 5 + 5 year options to 2044.
– Affinity Education Group: highly experienced national childcare provider with over 160 centres.
– Fixed 3% annual rent increases with ‘ratchet’ provisions ensuring rent cannot decrease at market reviews.
– Well maintained facility licensed for 75 places.
– Tenant pays all usual outgoings including land tax.
– Long established facility in operation since 2003.
– Large 3,500 sqm site with 40m frontage and 24 on-site car parks.
– Close proximity to local schools and Stocklands Shopping Centre.
– Net Income: $127,300 pa.
Property Details
Listing
Sale
Occupancy Type
Childcare
Building Area
1 SQM