Modern Childcare Investment Leased to National Provider


Secure 15 year lease to Petit Early Learning to 2029
Minimum 2.5% annual rent increases + ‘ratchet’ provisions
576 sqm state-of-the-art child care facility, licensed for 88 LDC places
Petit Early Learning: highly experienced and successful early education childcare provider with 18 centres across the eastern seaboard
Triple net lease with the tenant responsible for all outgoings including: insurance, maintenance, repairs (capital & structural) plus multiple holding land tax
High profile 2,663 sqm main road corner site, with 20 car spaces
Port Douglas: tourist mecca of far North Queensland and gateway to the Great Barrier Reef and the Daintree National Park
Substantial income tax saving depreciation benefits
Net Income: $197,877 pa + GST and Outgoings

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne

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Contact agents
Adam Thomas Partner | Managing Director QLD
0418 998 971
Natalie Couper Partner
0413 856 983
Glenn Conridge Consultant
0413 873 337
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Port Douglas, QLD

507 - 511 Davidson Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 128

Contact agents