Affordable Childcare Investment | Brand New 10 Year Net Lease to 2030
337 Dean Street, ROCKHAMPTON CITY QLD
Property Highlights
Description
+ Secure 10 Year Net Lease to Guppy’s Early Learning to 2030
+ Three further options to 2050
+ Guppy’s EL: highly experienced early education provider with a network of 15 centres across Queensland
+ Long established facility in operation since 2003
+ Desirable 3 % fixed annual rent increases plus ratchet provisions at the commencement of each further term, thereby ensuring rental growth
+ Well maintained, purpose-built child care facility licenced for 84 LDC places
+ 6 month bank guarantee
+ Tenant pays all outgoings including land tax
+ Large 3,627 sqm site with 37 metre frontage and 24 on-site carparks
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019–20 financial year
+ Net Income: $143,277 pa + GST
Investment Portfolio Auction
11am AEST
Wednesday 23 September
This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes
Property Details