High Quality Childcare Investment | 15 Year Net Lease to 2035
56 Freda Street, Ashmore QLD
Property Highlights
Description
+ 15 year net lease to The Cottage Ashmore to 2035
+ Two further ten year options to 2055
+ The Cottage Ashmore: boutique early education provider with 8+ years industry experience
+ Desirable 3% annual rent increases
+ Tenant pays all usual outgoings
+ Recently updated 46 LDC place childcare centre
+ Strong performing centre with consistent occupancy in excess of 90% and rated “Exceeding” under the National Quality Framework (NQF)
+ Strategic 1,018sqm corner site, opposite Trinity Lutheran College’s Junior Campus (P-5) and metres from Southport Nerang Road
+ Gold Coast: One of Australia’s fastest-growing cities, the Gold Coast is experiencing rapid growth with current population of 620,518 and projected grow to over 1,000,000 by 2050
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector service during the 2019/20 financial year
+ Net Income: $131,790 pa + GST
For Sale by Investment Portfolio Auction
11AM (AEDT) Wednesday 24 February 2021
Property Details