Property Details
If you are keen to buy a well priced childcare investment ............ this opportunity is as good as you can get because the location is in a prime position on QLD Gold Coast and the tenant is Australia's largest childcare provider in Goodstart Early Learning, who currently operate over 700 long day care centres - Website www.goodstart.org.au
This 1,148m2 property is zoned Medium Density Residential so it may be prefect for future redevelopment into town houses and it is located directly opposite a primary school and only 800m from the beautiful Southport Broadwater and only 5km from the heart of Surfers Paradise.
1. National Tenant in Australia's largest childcare provider - Goodstart Early Learning Ltd
2. Lease - expires 4th Dec 2022.
- Goodstart took up first option effective from 5th Dec 2012 and expired on 4th Dec 2017.
- Second option was exercised and commenced on 4th Dec 2017 and now expires on 4th Dec 2022.
- Third option for 7 years 05/12/2022 TO 04/12/2029. Full details of the amendments to the lease and new options are available on the property title, that is included in the IM.
3. Annual rental income - $92,633 excluding GST.
Note; Above advertised rental commences 5th Dec 2018.
4. Annual rent review - to be reviewed according to Queensland CPI and to market when the tenant exercise their final option period.
5. Tenant pays for all outgoings including land tax.
6. Licensed for 50 children.
7. 5.75% return pa
Land area
1148 sqm (approx)
Building size
319 sqm (approx)
