This childcare freehold property has a well established national tenant in place offering peace of mind for the investor.
The lease offers long term tenure and annual rental increases for capital growth.
Take a closer look at the lease:
- Licenced for 68 child places
- A large 1,477m2 site (more or less)
- Internal floor area approx. 196m2, equating to 2.9m/license place
- External floor area approx. 545m2, equating to 8.0 sq.m/license place
- Commenced 2017
- Term: 15 years
- Right of Renewal: 3 rights of 5 years each
- Rent Review Dates: Annual CPI or 1 %, whichever is greater
- Annual Rent: $121,000 + GST p.a.
- Tenant pays 100% OPEX
For a confidential discussion please complete our online confidentiality agreement.
Visit www.ds4u.cc/abc?ref=31014 to get started.
Call Donna - 027 570 1872 or Linda - 022 354 9189.
Price $1,550,000 (+GST if any) / (7.8% Return on Investment)