Premium Inner City Childcare Investment | New 15 Year Triple Net Lease
Description
+ 15 + 5 + 5 year Triple Net Lease to Edge Early Learning to 2044
+ Edge Early Learning: premium early education provider with 15 centres across Brisbane and the Gold Coast
+ Triple Net Lease terms – Tenant pays all outgoings including all maintenance (both capital and structural) insurances, rates and Land Tax
+ Annual 3% rent increases plus ‘ratchet’ provisions at Market Review ensuring guaranteed rental growth
+ Impressive 581 sqm multi-storey child care facility licensed for 83 LDC places
+ Prominent main road site 300 metres from Nundah State School and only 7km from the Brisbane CBD
+ Brand new construction with significant depreciation benefits
+ Net Income: $290,500 pa + GST and Outgoings
For Sale by Auction
11am Wednesday 11 December 2019
Crown Casino, River Room, Melbourne
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Contact agents
Adam Thomas Senior Director
0418 998 971
Natalie Couper Senior Director
0413 856 983
Glenn Conridge Consultant
0413 873 337
Craig Chapman Senior Director
0427 110 132Enquiry Form
Nundah, QLD
254-258 Buckland Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 133
Contact agents
-
Adam Thomas Senior Director
0418 998 971 -
Natalie Couper Senior Director
0413 856 983 -
Glenn Conridge Consultant
0413 873 337 -
Craig Chapman Senior Director
0427 110 132