Stunning Brisbane Childcare Investment

402 moggill road, indooroopilly

Price on Request

  • 15 year triple net lease
  • Journey E.L: national provider
  • 3% rent increases + ratchet provisions

Property Details

Brand new 15 year lease to Journey Early Learning to 2032
Two further 5 year options to 2042
Journey Early Learning: highly regarded and successful childcare provider with a further 10 centres across Victoria and Queensland
Attractive 3% annual rent increases plus 'ratchet' provisions at market review, ensuring guaranteed rental growth
Triple net lease terms with the tenant responsible for all outgoings including: capital/ structural works and land tax
Immaculate 340 sqm facility, with high-end conversion completed in 2017 and licensed for 54 LDC places
High-exposure 1,210 sqm main road site, with dual street frontage of 58m
Strategic position 450 metres from Westfield Indooroopilly and only 6km south-west from the Brisbane CBD
Net Income: $151,200 pa

Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 340
Land Size 1,210 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001440

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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