SOLD
187 - 191 Bruce Highway, Edmonton, QLD 4869
Triple Net Lease to Australia's Largest Childcare Provider
Renewed lease to Goodstart to June 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
Minimum 2.5% annual rent increases plus ‘ratchet’ provisions at market review, ensuring rent cannot reduce
Triple net lease with the tenant responsible for all outgoings including: insurance, maintenance, repairs (capital and structural) plus multiple holding land tax
Improvements comprise three high quality freestanding child care facilities licensed for a total of 150 LDC places including a popular OOSH service
Substantial 4,047 sqm highway site only 9km south from the Cairns CBD
Net Income: $281,808 pa (June 2018) + GST and Outgoings
Auction 11am AEST Wednesday 20 June 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
Minimum 2.5% annual rent increases plus ‘ratchet’ provisions at market review, ensuring rent cannot reduce
Triple net lease with the tenant responsible for all outgoings including: insurance, maintenance, repairs (capital and structural) plus multiple holding land tax
Improvements comprise three high quality freestanding child care facilities licensed for a total of 150 LDC places including a popular OOSH service
Substantial 4,047 sqm highway site only 9km south from the Cairns CBD
Net Income: $281,808 pa (June 2018) + GST and Outgoings
Auction 11am AEST Wednesday 20 June 2018
River Room, Crown Casino, Melbourne
Property Info
Municipality
Edmonton
AUCTION
Add to calendar
Burgess Rawson Melbourne Melbourne
Level 7, 140 Bourke Street
Melbourne, VIC 3000
Tel: 03 9613 0400
Email Us
NEARBY PROPERTIES
Adam Thomas
Thank You
Your enquiry has been sent!
Enquiry is Failed
Please contact your administrator.