Affordable Childcare Investment | 15 Year Lease + Options to 2055

55 Fortune Esplanade, Caboolture South QLD

Property Highlights

Attractive 3% rent increases
Tenant pays all outgoing inc land tax
Prominent 1,190 sqm site
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Description

+ New 15 year net lease to 2036
+ Two further 10 year options to 2056
+ Operated by The Scholars Group, a leading boutique childcare provider with a network of 22 centres
+ Attractive 3% annual rent increases
+ Tenant pays all outgoings, including land tax
+ Recently refurbished purpose built facility with service approval for 55 LDC places
+ Prominent 1,190 sqm corner site, 650 metres from Morayfield’s commercial service centre
+ Moreton Bay Region: one of the fastest growing urban areas in Australia
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $96,000 pa + GST

For Sale by Investment Portfolio Auction
11am (AEST) Wednesday 29 September 2021

*Mitchell Institute, Australian Investment in Education: Early Learning.

Property Details

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

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