Blue Ribbon Childcare Investment | Highly Sought- After 15 Year Triple Net Lease

Description

+ Desirable 15 + 5 + 5 year triple net lease to Green Leaves to 2044
+ 3% annual rent increases with ‘ratchet’ provisions at market review
+ Tenant pays all outgoings including maintenance (structural & capital), insurance & land tax
+ Green Leaves: established and successful high-end early education provider with 23 centres nationally
+ Premium 482 sqm double storey child care facility licensed for 54 LDC places
+ Prominent main road corner site metres from the ALDI, Coles and Woolworths anchored Ashgrove Marketplace
+ Highly sought-after inner city location only 4km from the Brisbane CBD
+ Net Income: $229,100 pa + GST

Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

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Contact agents
Adam Thomas Partner | Managing Director QLD
0418 998 971
Natalie Couper Partner
0413 856 983
Glenn Conridge Consultant
0413 873 337
Craig Chapman Sales Executive
0427 110 132
Enquiry Form

Ashgrove, QLD

42 Ashgrove Avenue

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 131

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