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Reference: 362
Location: Far North QLD
Number of Places: 75
NET: $177,000
Rent (Per Annum): As above
Sale Price: $2,360,000
Sold
Quality Passive Childcare Investment. Rare triple net lease sees the tenant responsible for 100% of outgoings including: rates, insurance, repairs and maintenance (including structural) management fees and land tax (where applicable) The centre trades strongly, is a respected and well-known premium childcare ‘brand’ in Far North Queensland. Tenanted by a secure national operator with 6 months bank guarantee this won’t be on the market for long. Current lease term 20 years (exp. 2034) with a further 3 x 10 year options. Net rent $177,000 p.a + GST and Outgoings. Annual increase CPI or 3% whichever is greater. Call Lincoln Bridge 0424 370 025
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