SOLD
254-258 Buckland Road, Nundah, QLD 4012
Premium Inner City Childcare Investment | New 15 Year Triple Net Lease
+ 15 + 5 + 5 year Triple Net Lease to Edge Early Learning to 2044
+ Edge Early Learning: premium early education provider with 15 centres across Brisbane and the Gold Coast
+ Triple Net Lease terms - Tenant pays all outgoings including all maintenance (both capital and structural) insurances, rates and Land Tax
+ Annual 3% rent increases plus ‘ratchet’ provisions at Market Review ensuring guaranteed rental growth
+ Impressive 581 sqm multi-storey child care facility licensed for 83 LDC places
+ Prominent main road site 300 metres from Nundah State School and only 7km from the Brisbane CBD
+ Brand new construction with significant depreciation benefits
+ Net Income: $290,500 pa + GST and Outgoings
For Sale by Auction
11am Wednesday 11 December 2019
Crown Casino, River Room, Melbourne
+ Edge Early Learning: premium early education provider with 15 centres across Brisbane and the Gold Coast
+ Triple Net Lease terms - Tenant pays all outgoings including all maintenance (both capital and structural) insurances, rates and Land Tax
+ Annual 3% rent increases plus ‘ratchet’ provisions at Market Review ensuring guaranteed rental growth
+ Impressive 581 sqm multi-storey child care facility licensed for 83 LDC places
+ Prominent main road site 300 metres from Nundah State School and only 7km from the Brisbane CBD
+ Brand new construction with significant depreciation benefits
+ Net Income: $290,500 pa + GST and Outgoings
For Sale by Auction
11am Wednesday 11 December 2019
Crown Casino, River Room, Melbourne
Property Info
Municipality
Nundah
AUCTION
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Burgess Rawson Melbourne Melbourne
Level 7, 140 Bourke Street
Melbourne, VIC 3000
Tel: 03 9613 0400
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NEARBY PROPERTIES
Adam Thomas
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