SOLD
47 Riversdale Road, Oxenford, QLD 4210
Triple Net Lease to Australia's Largest Childcare Provider
Renewed lease to Goodstart to Dec 2024 plus one further 5 year option
Goodstart Early Learning: Australia’s largest childcare provider, with an annual revenue of $900m+ and educating more than 71,500 children across their 649 centres nation-wide
Annual rent reviews plus ‘ratchet’ provisions, ensuring rent cannot reduce
Desirable triple net lease terms with the tenant responsible for all usual expenditure on outgoings, including: insurance, maintenance and repairs (including structural)
Two purpose-built freestanding child care facilities licensed for 150 LDC places
Substantial 4,447 sqm corner site opposite Oxenford State School and only 1km from Oxenford’s commercial centre – tenants include: ALDI, Woolworths, Bunnings and K-Mart
Net Income: $256,985 pa + GST and Outgoings
Auction 11am AEST Wednesday 9 May 2018
River Room, Crown Casino, Melbourne
Goodstart Early Learning: Australia’s largest childcare provider, with an annual revenue of $900m+ and educating more than 71,500 children across their 649 centres nation-wide
Annual rent reviews plus ‘ratchet’ provisions, ensuring rent cannot reduce
Desirable triple net lease terms with the tenant responsible for all usual expenditure on outgoings, including: insurance, maintenance and repairs (including structural)
Two purpose-built freestanding child care facilities licensed for 150 LDC places
Substantial 4,447 sqm corner site opposite Oxenford State School and only 1km from Oxenford’s commercial centre – tenants include: ALDI, Woolworths, Bunnings and K-Mart
Net Income: $256,985 pa + GST and Outgoings
Auction 11am AEST Wednesday 9 May 2018
River Room, Crown Casino, Melbourne
Property Info
Municipality
Oxenford
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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Adam Thomas
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