Brand New Childcare Investment – ASX Listed Tenant
45 Maynard Street , Woolloongabba QLD
Property Highlights
Description
Secure 20 + 10 + 10 year lease to Think Childcare to 2058
Think Childcare: ASX listed early childcare provider with 50+ owned and managed centres
Corporate guarantees backed by ASX Listed – Think Childcare Limited
Annual rental increase to CPI + 1%
Tenant pays all usual outgoings plus 2% pa management fees
Stunning 1,034sqm child care facility with service approval for 93 LDC places
Strategically positioned metres from major transport links and only 3km from the Brisbane CBD
Key inner city priority development area with significant population and investment growth
Brand new construction with substantial taxation saving depreciation benefits
Net Income: $344,256 pa + GST and outgoings
Auction 11am AEST Wednesday 12 September 2018
River Room, Crown Casino, Melbourne
Property Details