Long Established Childcare Investment
Description
15 Year triple net lease
Large 2,443*sqm landholding
Net income – $158,190*pa + GST
- 15 Year triple net lease to 2032
- Two further 5 year options to 2042
- Minimum 3% annual rent increases with ratchet provision at market review
- Tenant pays 100% of outgoings including management fees and land tax
- Purpose-built 518*sqm child care centre, with service approval for 75 LDC places
- Substantial 2,443*sqm landholding strategically located opposite Urangan Point State School
- Hervey Bay: the fastest growing seaside city in regional Queensland and only 3 hours’ drive north from Brisbane
*Approximate
Address
Open on Google Maps-
Address: 61 Miller Street, Urangan QLD
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State/county: Queensland
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Zip/Postal Code: 4655
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Area: Fraser Coast
Details
Updated on October 9, 2023 at 6:27 am-
Property ID CECI-3259
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Property Type Medical
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Property Status Sold
Contact Information
All figures and site boundaries are approximate. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries and obtain their own independent advice, in order to verify the information.
