Share this property

realcommercial.com.au

35 Paget Street Mackay, QLD 4740

Directions

35 Paget Street,
Mackay, QLD 4740

Shops & Retail • Showrooms & Large Format Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Car spaces

Tenure type

Sold on

Map of 35 Paget Street

Directions

Childcare Investment with a 10+10+5+5 Year Lease

  • Freehold Childcare Investment
  • 30 year Lease/Option
  • 5* Location with an A grade business
This superb freehold childcare investment is a perfect fit for a passive investor and or a SMSF. To combine the possible 30 year total lease/options, the quality of the tenant and business. It is a secure and exceptionally well located investment that will provide strong returns to the astute investor well into the future.

EXECUTIVE SUMMARY
LICENCE: 74 Place.
LAND SITE: 2,796 m2.
BUILDING AREA: 539 m2 + Externals
PARKING: Estimated at 14 on site.
BUILDING SERVICES: Fully air conditioned, security, industrial waste bins and fire extinguisher
CONSTRUCTED: 1993. Opened February 1994
BUILDING: Low Maintenance Rendered Brick
ROOF: White Colour-Bond.
OCCUPANCY: Average Occupancy 87.5% (June to Dec 15)
LEASE TERM: 10 Years.
OPTION: 1 x 10 year option.
2 x 5 years options.
LEASE COMMENCED: 1 March 2016.
TENANT FINANCIAL: Exceptional. Full current P/L will be provided upon signing confidentially agreement.
LAYOUT: 4 Rooms- Purpose Built.
AGES: 15 weeks - School age.
REVIEWS: 3% and market review option.
MARKET REVIEWS: Market reviews at the commencement of each further term.
All options have a ratchet clause. Rent cannot be reduced.
OUTGOINGS: Triple net. All out goings, Land tax, and GST are paid by the tenant.
RENTAL (Net pa): $148,000 net pa + out goings + GST.

For full Information Memorandum and copy of the lease please email me on andrew.kelly@randw.com.au
Please note; THE AUCTION HAS BEEN CANCELLED.
This property is under contract.

Additional information

Property ID: 501898658Last Updated: 22 Jun 2016

07 3357 38...
realcommercial.com.au logo
35 Paget Street
Mackay, QLD 4740
Richardson & Wrench - Ascot
2/146 Racecourse Road
ASCOT, QLD 4007
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.