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Brand New Childcare Investment - ASX Listed Tenant

45 Maynard Street, WOOLLOONGABBA QLD, 4102

Sold

Property Sold in 45 Maynard Street, WOOLLOONGABBA QLD, 4102

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11312250
Status:
Sold
Price:
Price on Request
Last Updated:
26/05/2020
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Property Type

Medical/Consulting/Retail/Other
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Land Area

1426 SQM
Icon size

Floor Area

1034 SQM
Icon parking

Parking

N/A

Brand New Childcare Investment - ASX Listed Tenant

Secure 20 + 10 + 10 year lease to Think Childcare to 2058
Think Childcare: ASX listed early childcare provider with 50+ owned and managed centres
Corporate guarantees backed by ASX Listed – Think Childcare Limited
Annual rental increase to CPI + 1%
Tenant pays all usual outgoings plus 2% pa management fees
Stunning 1,034sqm child care facility with service approval for 93 LDC places
Strategically positioned metres from major transport links and only 3km from the Brisbane CBD
Key inner city priority development area with significant population and investment growth
Brand new construction with substantial taxation saving depreciation benefits
Net Income: $344,256 pa + GST and outgoings

Auction 11am AEST Wednesday 12 September 2018
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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