$1,125,000 - 8.3%
Childcare Centre - The Perfect Investment
9 Brose Street, WHITE ROCK QLD 4868
Listing ID. 0062
- Great location - strong catchment & demographics
- Newly renovated - incl's new roof and cork flooring
- Secure tenant with a great business
- Business running @ 85% + occupancy
- Business returned a 2012/13 Net profit of $202k
- Rental of $110,000 net pa + outgoings + GST
- ALL Out goings paid by the tenant - incl land tax
- CPI annual rent reviews
- Market reviews at options
This centre is located in the heart of Whiterock - an established southern suburb of Cairns - and is tenanted by an extremely strong and well supported business.
Located on a corner block in a quiet street and directly opposite a large primary and high school, this property will always hold massive appeal to parents who utilise the business and future owners if you were to ever need to sell.
The local economy of North Qld continues to strengthen and once the new resort of Aquis -www.aquisgreatbarrierreefresort.com/project-overview is finished, the local economic future will be secured for generations.
There are 9 years left on the lease and another 3 x 5 years in options, so a total of 24.5 year remain.