Darling Downs Portfolio

Darling Downs

Reference: 520A

Location: Darling Downs

Number of places: 409

NET: $650,000

Rent (per annum): $674,000

Sale price: By negotiation

 

This sizeable Portfolio is being offered in one-line or individually: Freehold & Business, or Business only ….what’s your preference? QLD Darling Downs region child care Portfolio totalling 409 places. Gross revenue FY18 $4.5m showing an EBITDA of $650,000 for the same period. Long secure leases on offer, average rent per place across the group is just $1,650 per place, allowing the new owner breathing space to make the necessary capital expenditure changes etc. This portfolio of purpose built centres has “great bones” and will fire again in the hands for the right operator. Something here for everyone with the assets offered to the market as property and businesses, or businesses offered individually, by part or in one-line. This has been on the market before, however the seller is now ready to meet the market. Call Lincoln Bridge 0424 370 025.

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