Modern Childcare Investment Leased to National Provider

507 - 511 davidson street, port douglas qld

Price on Request

  • 15 yr lease to Petit EL + opts to 2039
  • Triple Net Lease
  • Min 2.5% incrs + ratchet provisions

Property Details

Secure 15 year lease to Petit Early Learning to 2029
Minimum 2.5% annual rent increases + ‘ratchet’ provisions
576 sqm state-of-the-art child care facility, licensed for 88 LDC places
Petit Early Learning: highly experienced and successful early education childcare provider with 18 centres across the eastern seaboard
Triple net lease with the tenant responsible for all outgoings including: insurance, maintenance, repairs (capital & structural) plus multiple holding land tax
High profile 2,663 sqm main road corner site, with 20 car spaces
Port Douglas: tourist mecca of far North Queensland and gateway to the Great Barrier Reef and the Daintree National Park
Substantial income tax saving depreciation benefits
Net Income: $197,877 pa + GST and Outgoings

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 576 sqm
Land Size 2,663 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002772

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E

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