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Affordable Childcare Investment – New 15 Year Lease

55 Fortune Esplanade, Caboolture South QLD

Property Highlights

Fixed 3% rent increases

National operator with 12 centres

Recently referbed facility

Description

Brand new 15 year lease to Journey Early Learning to 2031
Two further 5 year options to 2041
Journey Early Learning: highly regarded and successful child care provider with 12 further centres in Victoria and Queensland
Attractive 3% annual rent increases
Tenant pays all usual outgoings including land tax
Recently refurbished purpose-built facility, licensed for 55 LDC places
Prominent 1,190 sqm corner site located within established residential precinct and 650 metres from Morayfield’s commercial service centre
Located approximately 42km north from the Brisbane CBD and within the Moreton Bay Region – one of the fastest growing urban areas in Australia, with residential land sales outpacing the rest of South-East Queensland
Net income: $95,000 pa

Auction 11am AEST Wednesday 5 April 2017
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
1,190 SQM
Gross Building Area
1 SQM

Contact Agents

Natalie Couper

+610 413 856983

Adam Thomas

+610 418 998971

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