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Blue Ribbon Childcare Investment | Highly Sought- After 1...

42 Ashgrove Avenue, ASHGROVE QLD, 4060

Sold

Property Sold in 42 Ashgrove Avenue, ASHGROVE QLD, 4060

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11356876
Status:
Sold
Price:
Price on Request
Last Updated:
22/05/2020
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Property Type

Medical/Consulting/Retail/Other
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Land Area

836 SQM
Icon size

Floor Area

482 SQM
Icon parking

Parking

N/A

Blue Ribbon Childcare Investment | Highly Sought- After 15 Year Triple Net Lease

+ Desirable 15 + 5 + 5 year triple net lease to Green Leaves to 2044
+ 3% annual rent increases with ‘ratchet’ provisions at market review
+ Tenant pays all outgoings including maintenance (structural & capital), insurance & land tax
+ Green Leaves: established and successful high-end early education provider with 23 centres nationally
+ Premium 482 sqm double storey child care facility licensed for 54 LDC places
+ Prominent main road corner site metres from the ALDI, Coles and Woolworths anchored Ashgrove Marketplace
+ Highly sought-after inner city location only 4km from the Brisbane CBD
+ Net Income: $229,100 pa + GST

Auction
11am Wednesday 18 September 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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