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Stunning Brisbane Childcare Investment

402 Moggill Road, INDOOROOPILLY QLD, 4068

Sold

Property Sold in 402 Moggill Road, INDOOROOPILLY QLD, 4068

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11251332
Status:
Sold
Price:
Price on Request
Last Updated:
18/03/2020
Icon building

Property Type

Medical/Consulting/Offices/Retail
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Land Area

1210 SQM
Icon size

Floor Area

340 SQM
Icon parking

Parking

N/A

Stunning Brisbane Childcare Investment

Brand new 15 year lease to Journey Early Learning to 2032
Two further 5 year options to 2042
Journey Early Learning: highly regarded and successful childcare provider with a further 10 centres across Victoria and Queensland
Attractive 3% annual rent increases plus 'ratchet' provisions at market review, ensuring guaranteed rental growth
Triple net lease terms with the tenant responsible for all outgoings including: capital/ structural works and land tax
Immaculate 340 sqm facility, with high-end conversion completed in 2017 and licensed for 54 LDC places
High-exposure 1,210 sqm main road site, with dual street frontage of 58m
Strategic position 450 metres from Westfield Indooroopilly and only 6km south-west from the Brisbane CBD
Net Income: $151,200 pa

Auction 11am AEST Wednesday 9 August 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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