118 Place Childcare Centre with New 15 Year Lease

39 furzer street, browns plains qld

Price: Contact Agent

  • New 15 year lease
  • Massive landmark site
  • Densely populated suburb

Property Details

For Sale by Offers to Purchase
Price Guide: $4,000,000 (6.25% net yield)

Massive 4,269 sqm land parcel with super wide 93 metre frontage
Two modern buildings with 8 separate play rooms
Substantially refurbished 2017 incl. solar panel installation
Extensive children play areas with water park feature
Convenient central carpark with 42 car spaces

Browns Plains: densely populated suburb 30 km from Brisbane CBD

Leased to Kids ELC – 11 centres in Queensland and has rare “Exceeding”national quality standard
New 15 year lease until Sept. 2032 + options to 2052
Fixed 3% pa rental increases with a market review after 10 years

Net Income: $250,000 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 4269 sqm
Land Size 4,269 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003397

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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