Fantastic Gold Coast Childcare Investment
LABRADOR SOLD $1,535,000
If you are keen to buy a well priced childcare investment ............ this opportunity is as good as you can get because the location is in a prime position on QLD Gold Coast and the tenant is Australia's largest childcare provider in Goodstart Early Learning, who currently operate over 700 long day care centres - Website
This 1,148m2 property is zoned Medium Density Residential so it may be prefect for future redevelopment into town houses and it is located directly opposite a primary school and only 800m from the beautiful Southport Broadwater and only 5km from the heart of Surfers Paradise.
1. National Tenant in Australia's largest childcare provider - Goodstart Early Learning Ltd
2. Lease - 10 + 5 + 5
- Initial lease term 10 year period commencing 5 Dec 2002;
- Goodstart took up first option effective from 5 Dec 2012 and expired on 1st Dec 2017
- Second option was exercised and commenced on 2nd Dec 2017 and now expires on 1st Dec 2022
3. Annual rental income - $92,729 excluding GST
Note; Advertised rental commences 2nd Dec 2018
4. Annual rent review - to be reviewed according to Queensland CPI and to market when the tenant exercise their final option period
5. Tenant pays for all outgoings including land tax
6. Licensed for 50 children
Please contact Australian Childcare Brokers a division of R&W Brisbane for more information.