Dominant Childcare Centre Investment

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15 + 5 + 5 + 5 + 5 Year Lease
Dominant 150 place centre
Leased to Kids ELC

Property Details

New 15 year lease expiring April 2033 plus 4 x 5 year options to 2053
Dominant 150 place centre with consistently high occupancy – potential to increase to 155 places
Leased to Kids ELC – long established operator with 11 centres in Qld
Centre comprises of two substantial modern buildings having been recently extensively refurbished
Massive 3,967 sqm site with central carpark for 36 cars
Capalaba: growth suburb located 20 km from Brisbane CBD with Household Median Income being 17% higher than Qld state average
Rent increases to greater of CPI or 2%
High depreciation allowances available
Net Income: $300,000 pa + GST