Brand New Childcare Investment

Description

Secure 15 year lease to 2031 plus options to 2051.
Fixed 3% annual rent increases.
Tenant pays all usual outgoings including land tax.
State of the art 651 sqm child care facility, licensed for 96 places.
High profile 2,235 sqm corner site with dual street frontage of over 93 metres.
Strategically located at the gateway to Rockhampton’s rapidly expanding NE growth corridor and within established education, medical and residential precinct.
Rockhampton City: regional capital of Central Queensland with a population of 83,439 (ABS) and widely regarded as the beef capital of Australia.
Brand new facility with substantial tax depreciation benefits.
Rent: $192,000 pa.

Auction 11am AEDT Wednesday 24 February.
River Room, Crown Casino Melbourne.

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Adam Thomas Partner | Managing Director QLD
0418 998 971
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ROCKHAMPTON CITY, QLD

175 Frenchville Road

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