» »
Modern Childcare Investment Leased to National Provider

507 - 511 Davidson Street, PORT DOUGLAS QLD, 4877

Sold

Property Sold in 507 - 511 Davidson Street, PORT DOUGLAS QLD, 4877

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11343076
Status:
Sold
Price:
On Request
Last Updated:
12/03/2020
Icon building

Property Type

Medical/Consulting/Retail/Other
Icon square

Land Area

2663 SQM
Icon size

Floor Area

576 SQM
Icon parking

Parking

N/A

Modern Childcare Investment Leased to National Provider

Secure 15 year lease to Petit Early Learning to 2029
Minimum 2.5% annual rent increases + ‘ratchet’ provisions
576 sqm state-of-the-art child care facility, licensed for 88 LDC places
Petit Early Learning: highly experienced and successful early education childcare provider with 18 centres across the eastern seaboard
Triple net lease with the tenant responsible for all outgoings including: insurance, maintenance, repairs (capital & structural) plus multiple holding land tax
High profile 2,663 sqm main road corner site, with 20 car spaces
Port Douglas: tourist mecca of far North Queensland and gateway to the Great Barrier Reef and the Daintree National Park
Substantial income tax saving depreciation benefits
Net Income: $197,877 pa + GST and Outgoings

Auction 11am AEST Wednesday 15 May 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


More properties from Burgess Rawson & Associates Pty Ltd
Sold
251 Dyson Drive, ALFREDTON VIC, 3350

251 Dyson Drive, ...

Medical/ConsultingRetailRetail
Sold
92-96 Maude Street, SHEPPARTON VIC, 3630

92-96 Maude Stree...

RetailMedical/ConsultingOffices
Sold
151-153 Hoddle Street, RICHMOND VIC, 3121

151-153 Hoddle St...

Hotel/LeisureLand/DevelopmentRetail
Sold
10 Maksi Way, CRANBOURNE NORTH VIC, 3977

10 Maksi Way, CRA...

RetailOfficesMedical/Consulting
Sold
62-64 Beerburrum Road, CABOOLTURE QLD, 4510

62-64 Beerburrum ...

RetailShowrooms/Bulky GoodsIndustrial/Warehouse
Sold
43 McCrae Street, SWAN HILL VIC, 3585

43 McCrae Street,...

RetailShowrooms/Bulky GoodsLand/Development
More properties from Port Douglas
For Lease
5/6-8 Pioneer Close, PORT DOUGLAS QLD, 4877

5/6-8 Pioneer Clo...

Industrial/Warehouse
Sold
3 Andrews Close, PORT DOUGLAS QLD, 4877

3 Andrews Close, ...

Land/Development
For Lease
2/36 Macrossan Street, PORT DOUGLAS QLD, 4877

2/36 Macrossan St...

Offices
For Lease
1/50 Macrossan Street, PORT DOUGLAS QLD, 4877

1/50 Macrossan St...

Offices
For Lease
Shop 1, Cnr Barrier Street & Port Douglas Road, PORT DOUGLAS QLD, 4877

Shop 1, Cnr Barri...

Retail
For Lease
1/11 Warner Street, PORT DOUGLAS QLD, 4877

1/11 Warner Stree...

Retail
Loading...