Childcare Investment in High-Growth Location Desirable 15 Year Triple Net Lease
Description
+ 15 year Triple Net lease to Affinity Education to 2029
+ Two further 5 year options to 2039
+ Min 2.5% pa rent increases plus ‘ratchet’ provisions at market review
+ Affinity Education: highly successful early education provider with over 150 centres nationally
+ Modern purpose-built child care facility licensed for 103 LDC places
+ Tenant pays all outgoings including capex, management fees and multiple holding land tax
+ Prominent 2,995sqm site with main road exposure
+ Net Income: $312,004 pa + GST and outgoings
Auction 11am AEST Wednesday 26 June 2019
River Room, Crown Casino, Melbourne
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Contact agents
Adam Thomas Partner | Managing Director QLD
0418 998 971Natalie Couper Partner
0413 856 983Enquiry Form
Bacchus Marsh, VIC
16-18 Harry Vallence Drive
- Sold Price: Contact Agent
This property was sold as part of Portfolio 129
Contact agents
-
Adam Thomas Partner | Managing Director QLD
0418 998 971 -
Natalie Couper Partner
0413 856 983