SOLD
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Brand New Premium Childcare Investment, Blue Chip Gold Coast Location

5-9 Freda Street, Ashmore QLD

Property Highlights

Brand New Net Lease to 2036 + Options
Tenant pays all outgoings incl land tax
Net Income : $457,217 pa + GST

Description

– Brand New 16 year net lease to 2036 plus options to 2051
– Sanctuary Early Learning Adventure – Highly qualified, premium childcare provider with multiple centres
– Net Lease – tenant pays all outgoings as per the lease including management fees and land tax (single holding basis)
– Favourable fixed 3% annual rent increases
– Approved for 118 Long day care places
– Prominent 3,292sqm site with commanding street frontage of 55m
– Impressive state-of-the-art 968 sqm full service facility, 6 Class Rooms from 6 weeks to school age and massive 836 sqm outdoor play area
– Huge tax saving depreciation benefits – potential for 42% of the first years income to be tax free
– Excellent lease security – both Bank Guarantee and Personal Guarantee
– Ideally located within close proximity to Ashmore State School, Benowa State School and Trinity Lutheran School. Easily accessible from Ashmore Road, Southport Nerang Road and the M1 Pacific Motorway
– Gold Coast: One of Australia’s fastest-growing cities, the Gold Coast is experiencing rapid growth with current population of 590,000 and projected grow to over 1 Million by 2050
– Net Income : $457,217 pa + GST

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

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
3,292 SQM
Building Area
968 SQM

Price

$457,217 pa + GST

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