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 9/121 Newmarket Road WINDSOR QLD 4030  I  07 3357 3888

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SOLD

 
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 http://affinityeducation.com.au   http://tadpoles.com.au/#centres.
* National Quality Standards Rating on the business is .......... Exceeding NQS. 
  http://www.acecqa.gov.au/assessments-and-ratings
* 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.

TADPOLES EARLY LEARNING CENTRE