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Premium Inner City Childcare Investment | New 15 Year Tri...

254-258 Buckland Road, NUNDAH QLD, 4012

Sold

Property Sold in 254-258 Buckland Road, NUNDAH QLD, 4012

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

  • Profile placeholder
  • Jamie Dewe
  • Profile placeholder
  • Doug Doyle
Listing ID:
11368924
Status:
Sold
Price:
Price on request
Last Updated:
16/01/2020
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Property Type

Medical/Consulting/Retail/Other
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Land Area

1164 SQM
Icon size

Floor Area

581 SQM
Icon parking

Parking

N/A

Premium Inner City Childcare Investment | New 15 Year Triple Net Lease

+ 15 + 5 + 5 year Triple Net Lease to Edge Early Learning to 2044
+ Edge Early Learning: premium early education provider with 15 centres across Brisbane and the Gold Coast
+ Triple Net Lease terms - Tenant pays all outgoings including all maintenance (both capital and structural) insurances, rates and Land Tax
+ Annual 3% rent increases plus ‘ratchet’ provisions at Market Review ensuring guaranteed rental growth
+ Impressive 581 sqm multi-storey child care facility licensed for 83 LDC places
+ Prominent main road site 300 metres from Nundah State School and only 7km from the Brisbane CBD
+ Brand new construction with significant depreciation benefits
+ Net Income: $290,500 pa + GST and Outgoings

For Sale by Auction
11am Wednesday 11 December 2019
Crown Casino, River Room, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

  • Profile placeholder
  • Jamie Dewe
  • Profile placeholder
  • Doug Doyle

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