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Affordable Childcare Investment

146 Elliott Heads Road, AVENELL HEIGHTS QLD, 4670

Sold

Property Sold in 146 Elliott Heads Road, AVENELL HEIGHTS QLD, 4670

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11227744
Status:
Sold
Price:
Price on Request
Last Updated:
22/07/2019
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Property Type

Medical/Consulting/Retail
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Land Area

3372 SQM
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Floor Area

1 SQM
Icon parking

Parking

N/A

Affordable Childcare Investment

Renewed lease to Lead Childcare to 2023 plus one 5 year option
Lead Childcare: highly experienced provider with 13 centres
Triple net lease tenant pays all outgoings (including structural works)
Well maintained child care facility licensed for 75 places
Substantial 3,372 sqm site with established residential precinct
Attractive 3% annual rent increases with ‘ratchet’ provisions
Net Income: $126,120 pa + GST (June 2017)

Auction 11am AEST Wednesday 5 April 2017
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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