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Affordable Childcare Investment - New 15 Year Lease

55 Fortune Esplanade, CABOOLTURE SOUTH QLD, 4510

Sold

Property Sold in 55 Fortune Esplanade, CABOOLTURE SOUTH QLD, 4510

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11227472
Status:
Sold
Price:
Price on Request
Last Updated:
22/07/2019
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Property Type

Medical/Consulting/Retail
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Land Area

1190 SQM
Icon size

Floor Area

1 SQM
Icon parking

Parking

N/A

Affordable Childcare Investment - New 15 Year Lease

Brand new 15 year lease to Journey Early Learning to 2031
Two further 5 year options to 2041
Journey Early Learning: highly regarded and successful child care provider with 12 further centres in Victoria and Queensland
Attractive 3% annual rent increases
Tenant pays all usual outgoings including land tax
Recently refurbished purpose-built facility, licensed for 55 LDC places
Prominent 1,190 sqm corner site located within established residential precinct and 650 metres from Morayfield’s commercial service centre
Located approximately 42km north from the Brisbane CBD and within the Moreton Bay Region – one of the fastest growing urban areas in Australia, with residential land sales outpacing the rest of South-East Queensland
Net income: $95,000 pa

Auction 11am AEST Wednesday 5 April 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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