NDIS Backed Long-standing Assisted Living Facility - Brand new 15yr lease to 2037 plus options to 2057

Description

+ 40 bedroom Level 3 accredited Residential Care facility
+ 4,587sqm site in the heart of the Ipswich growth corridor
+ Brand new 15 year lease to 2037 plus options to 2057
+ Tenant pays all outgoings including land tax
+ Greater of CPI or 2.5% annual rent reviews
+ Long term tenant of over 20 years in this location
+ Offering both disabled and aged care to the market
+ Secured by strong government funding – NDIS set to receive over $100 billion in funding over the next 5 years
+ Net income of $190,000 per annum + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 12 May 2022
Hilton Hotel – Level 5

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Contact agents
Andrew Havig Partner
0478 010 990
Craig Chapman Sales Executive
0427 110 132
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North Booval, QLD

21 Christine Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 152

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