High yielding passive investment
Location: Central Coast
Number of places: 79
Rent (per annuym): $146,466
Sale price: $1,830,000
Older style purpose built passive childcare investment located in Central QLD. The operator is a “bankable” privately owned Australasian company. Situated on a large 4,200m2 lot, oversized yards make this centre unique. Centre will have significant capital expenditure spent on it over the coming months by new operator. New long secure leases with 10 year first term and 4 x 5 year options. Tenant pays 100% of outgoings including land tax. Fixed 3% annual increase. Review to market every 5 years. Ratchet provision. To register your interest call Lincoln Bridge on 0424 370 025.