Two Secure Childcare Investments
Lot 2/148-152 Mulgrave Road , CAIRNS QLD
Description
New 20 year lease to national operator to 2034 plus 3 further 10 year options.
Rare triple net lease terms with tenant responsible for all costs including capital and structural works.
Award winning, purpose built child care facilities.
Experienced management team with 20 plus centres nationally.
Cairns: regarded as the capital of far North Queensland with an emerging population of approximately 200,000 and large scale domestic and foreign investment.
Lot 1 (SOLD)
Award winning 764 sqm purpose built facility.
Large 1,449 sqm land holding.
Licensed for 88 LDC places.
22 allocated car spaces.
Rent: $195,888 pa.
Lot 2
Award winning 762 sqm purpose built facility.
Large 1,578 sqm land holding.
Licensed for 88 LDC places.
22 allocated car spaces.
Rent: $195,888 pa.
Property Details