Blue Ribbon Childcare Investment | Highly Sought- After 15 Year Triple Net Lease

Description

+ Desirable 15 + 5 + 5 year triple net lease to Green Leaves to 2044
+ 3% annual rent increases with ‘ratchet’ provisions at market review
+ Tenant pays all outgoings including maintenance (structural & capital), insurance & land tax
+ Green Leaves: established and successful high-end early education provider with 23 centres nationally
+ Premium 482 sqm double storey child care facility licensed for 54 LDC places
+ Prominent main road corner site metres from the ALDI, Coles and Woolworths anchored Ashgrove Marketplace
+ Highly sought-after inner city location only 4km from the Brisbane CBD
+ Net Income: $229,100 pa + GST

Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

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Contact agents
Adam Thomas Senior Director
0418 998 971
Natalie Couper Senior Director
+61 413 856 983
Glenn Conridge Consultant
0413 873 337
Craig Chapman Senior Director
+61 427 110 132
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Ashgrove, QLD

42 Ashgrove Avenue

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 131

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