For Sale Prime Childcare investment on Qld's Sunshine Coast
87 Coes Creek Road BURNSIDE QLD
Listing ID. 0007
This purpose built Childcare freehold Investment property is secured on a long and exceptionally strong lease to the Australia's second largest childcare operator in Affinity Education. This previously ASX listed company has 150+ Childcare Centres nationally, and the portfolio of 10 Tadpoles Early Learning centres, are certainly 1 of the Jewels in their crown.
This childcare centre is located on it's own title, it is situated at the entrance to a large suburban shopping centre which in turn is secured by IGA and a perfect tenancy mix of numerous small - medium sized businesses. The tenants are responsible for all out goings (including land tax) and all maintenance.
The location of Burnside is a booming residential area that is an easy 10 km drive from the Sunshine Coast and Maroochydore.
* Childcare centre.
* Purpose built to a brilliant design = extremely high future demand if required after the 25 year lease.
* Long 10 year Lease in place.
* Options of 1 x 10 year and 1 x 5 year.
* AAA Grade Corporate Tenant - Affinity
* National Quality Standards Rating on the business is .......... Exceeding NQS.
* Great location in a very Strong Catchment.
* Constructed 2008 - some depreciation benefits may apply.
* Rent $126,227 pa net + outgoings.
* Offers Over $1,900,000 or 6.5% +- net return on investment.