Long Lease – Established Childcare Operator

Description

10 Year Lease Plus Options to 2030
Prominent Corner Position
Net income – $170,038*pa + GST

  • 10 year lease to 2020 Bright Horizons plus options to 2030
  • Bright Horizons: established early education provider with over 20 centres throughout Australia & New Zealand
  • Highly desirable 4% fixed annual rent increases and to market at option
  • Tenant pays all usual outgoings as per the lease
  • Well maintained facility, licensed for 68 LDC places
  • Prominent 2,296*sqm corner site, within established residential precinct and 700 metres from Minimbah State School
  • Morayfield: established and rapidly expanding suburb 40km north of Brisbane

*Approximate

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  • Address: 1-5 Hillmont Crescent Morayfield QLD
  • State/county: Queensland
  • Zip/Postal Code: 4506
  • Area: Brisbane Region

Details

Updated on October 9, 2023 at 6:28 am
  • Property ID CECI-3365
  • Property Type Medical
  • Property Status Sold

Contact Information

Glenn Conridge

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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.