Strong Performing 118 Place Childcare Investment

80 Thornton Street , Raceview QLD

Property Highlights

Renewed 12 Year Lease + Options

Circa 6.25% Net Yield Anticipated

Kids Early Learning Centre

Description

For Sale by Expressions of Interest
Closing date for offers on Thursday 1 November

Renewed 12 year lease until Sept. 2030 + options to 2050
Outstanding 118 place centre with six separate play rooms
Leased to long established and highly experienced operator with 6 childcare centres in Queensland
Modern building with on-site car parking
Large 2,310 sqm corner site opposite planned new major shopping centre
Raceview: established Brisbane suburb 3.2 km from Ipswich CBD
Fixed 3% annual rent increases (except to market in year 7)

Net Income: $227,000 pa + GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Childcare
Land Size
2,310 SQM
Gross Building Area
2,310 SQM

Contact Agents

Dean Venturato

+610 412 840222

Jamie Dewe

0410 350 273

Pat Kelly

0412 244 456

Request Information

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