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 Partner | Managing Director QLD
0418 998 971Natalie Couper Partner
0413 856 983Glenn Conridge Consultant
0413 873 337Craig Chapman Sales Executive
0427 110 132Enquiry Form
Ashgrove, QLD
42 Ashgrove Avenue
- Sold Price: Contact Agent
This property was sold as part of Portfolio 131
Contact agents
-
Adam Thomas Partner | Managing Director QLD
0418 998 971 -
Natalie Couper Partner
0413 856 983 -
Glenn Conridge Consultant
0413 873 337 -
Craig Chapman Sales Executive
0427 110 132