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Stunning Childcare Investment Highly Sought-After 15 Year...

16 Keong Road, ALBANY CREEK QLD, 4035

Sold

Property Sold in 16 Keong Road, ALBANY CREEK QLD, 4035

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11347766
Status:
Sold
Price:
Price on Request
Last Updated:
27/06/2019
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Property Type

Medical/Consulting/Other
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Land Area

1202 SQM
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Floor Area

848 SQM
Icon parking

Parking

N/A

Stunning Childcare Investment Highly Sought-After 15 Year Triple Net Lease

+ Secure 15 + 5 + 5 year triple net lease to Green Leaves to 2044
+ 3% annual rent increases plus ‘ratchet’ provisions at market review
+ Tenant pays all outgoings including capex, management fees and land tax
+ Green Leaves: established and successful high-end early education provider with 23 centres nationally
+ Premium 848 sqm double storey child care facility licensed for 109 LDC places
+ Prominent 1,202 sqm main road site opposite new Hungry Jack’s and established ALDI retail centre
+ Strategic position at the gateway to the popular Albany Creek retail precinct
+ New construction with significant income tax saving depreciation benefits
+ Net Income: $354,250 pa + GST

Auction 11am AEST Wednesday 26 June 2019
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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