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Brand New Childcare Investment – ASX Listed Tenant

45 Maynard Street, Woolloongabba QLD

Property Highlights

New 20 + 10 + 10 yr lease to 2058
Annual rent increases to CPI+1%
Inner city priority development area

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

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1,426 SQM
Building Area
1,034 SQM

Contact Agents

Adam Thomas

+610 418 998971

Contact Me

Natalie Couper

0413 856 983

Jamie Dewe

0410 350 273

Glenn Conridge

0413 873 337

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