$1,260,000 - 8.7%
Brilliant Investment - Returning 9.9% net pa
24 Ravizza Drive, EDMONTON, QLD, 4869
Listing ID. 0064
- Great location - strong catchment & demographics
- Secure tenant with a great business
- Rental of $121,250 net pa + outgoings + GST
- Outgoings paid by the tenant - except land tax
- Currently 4% annual rent reviews
- Annual reviews are reducing at option
- Market reviews at option
This centre is located in the heart of Edmonton Cairns and is tenanted by an extremely strong business. The economy of North Qld continues to strengthen and while childcare is a necessity for many families the strength of investing in childcare continues to attract educated and smart investors.
There are 2 years left on the lease and 2 x 5 year options so a total of 12 year remain.