Investment Gold Coast

Gold Coast Hinterland

Reference: 543

Location: Gold Coast Hinterland

Number of places: 50

NET: $97,406

Rent (per annum): $97,406

Sale price: $1,390,000

 

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

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