The opportunity
Features including a brand new building, a 15-year initial lease term with further renewals, a 12-month bank guarantee, as well as annual CPI and five yearly market rent reviews, make this investment the complete package.
The purpose-built facility was developed by Signature Homes, which is highly experienced in the construction of early childcare centres having built over 150 centres to date nationally. The centre is consented to host 86 children and returns $259,376 per annum.
Features
• Net return of $259,376 pa + GST
• 15-year lease + ROR’s
• Final lease expiry in 2057
• 12-month bank guarantee
• Annual CPI rent reviews
• Five yearly market reviews
• Experienced tenant
• Brand-new building
• 2,081sq m freehold title
• Sole agency
With excellent investment fundamentals, this property will be highly sought-after. Contact one of the sole agents for further information or to register your interest.