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

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SOLD - $4,567,899

World Class Childcare Investment Opportunity 

SOLD - $4,567,899


The listing of this tenanted investment property must be seen as an extremely rare opportunity to secure one of Australia's best childcare centres.
 
The tenants have invested in a substantial world class fit-out, and as such they have turned an extremely well constructed commercial building into a licensed facility for a 96 place professional childcare service. 
 
EXECUTIVE SUMMARY
LICENCE: 96 Place
ADDRESS: 194 Kelvin Grove Road, Kelvin Grove
LAND SITE: 1,032m2 approx 
BUILDING SIZE: 1,018m2 approx
PARKING: 24 - Perfect for drop-off & pick-up of Children
LEASE TERM: 15 years
OPTION: 4 x 5 year options
LEASE COMMENCED: 28 August 2017
TENANT FINANCIAL: Exceptional Profit & Loss will be provided upon signing confidentiality agreement
LAYOUT: 5 Rooms 

AGES: 6 Weeks - 5 Years
ANNUAL RENT REVIEWS: The greater of 2.5% or CPI
MARKET REVIEWS: At option
OUTGOINGS: TBC – All paid by Tenant (Including Land Tax)
RENTAL (Net pa): $287,000.00 per annum

 
 

The Grove Early Learning Cenre