Blue-chip tenant Affinity Education Limited. Rare opportunity to acquire an entry level childcare investment opportunity in this price range. 50 place child care facility located in a growing township just 30 minutes from the Gold Coast. The centre is the only long day care centre in the town and is licensed for children from birth up to school age. Long secure lease with strong covenants make this opportunity one not to be missed. Lease has 24 years remaining including all options. 3% fixed annual increase beats the banks and residential investments by a country mile! The centre trades well and has an occupancy as of April 2019 of circa 80%, which is above the industry average for this time of year. Call Lincoln Bridge 0424 370 025
Canungra
LOCATION
Canungra
NUMBER OF PLACES
50
RENT (PER ANNUM)
$97,406
NET PROFIT
$97,406
SALE PRICE
$1,390,000
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