New 15 Year Triple Net Lease to 2036 | Leased to Leading National Provider


+ New 15 year triple net lease to Genius Childcare to 2036
+ Two further 10 year options to 2056
+ Genius Childcare: experienced national early education provider with a network of 34 centres nationally
+ Minimum 2.5% annual rent increases, plus ratchet provisions at the market review, guaranteeing rental growth
+ Tenant pays 100% of outgoings including: all maintenance (both capital and structural), land tax, rates, insurance and management fees
+ Established child care facility, with service approval for 75 LDC places
+ Strategic location opposite Nerang State School (P-12) and metres from ALDI, Coles & the Pacific Motorway interchange
+ Gold Coast: one of Australia’s fastest-growing cities with current population of 620,518 and forecast to grow to over 1,000,000 by 2050
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $262,500 pa + GST

For Sale by Investment Portfolio Auction
11am (AEST) Wednesday 29 September 2021

*Mitchell Institute, Australian Investment in Education: Early Learning.

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Contact agents
Natalie Couper Partner
0413 856 983
Adam Thomas Partner | Managing Director QLD
0418 998 971
Andrew Havig Partner
0478 010 990
Campbell Bowers Partner
0405 127 588
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Nerang, QLD

8-10 Short Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 147

Contact agents