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254-258 Buckland Road, Nundah, Qld 4012

254-258 Buckland Road, Nundah, Qld 4012

Medical/Consulting Retail Other

  • Sold Contact Agent

Premium Inner City Childcare Investment | New 15 Year Triple Net Lease

  • New 15 year Triple Net Lease
  • Annual 3% rent increases
  • Inner city location - 7 km from CBD

  • Land Area
  • 1164.00 m² (approx)
  • Floor Area
  • 581 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Apr 08, 2020

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street

Melbourne Vic 3000

Adam Thomas, Burgess Rawson - Melbourne
Adam Thomas
Natalie Couper, Burgess Rawson - Melbourne
Natalie Couper
Burgess Rawson (QLD) - Brisbane

Level 24,324 Queen Street

Brisbane City Qld 4000

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

254-258 Buckland Road, Nundah, Qld 4012

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