Share this property

realcommercial.com.au
Colliers - Gold Coast

24 Michigan Drive Oxenford, QLD 4210

Directions

24 Michigan Drive,
Oxenford, QLD 4210

Shops & Retail • Other

Price information

Sold

Contact Agent

Key property information

Floor area

Parking info

Tenure type

Sold on

Colliers - Gold Coast
Steven King

Colliers - Gold Coast

Level 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217
04177895...
Colliers - Gold Coast
24 Michigan Drive
Oxenford, QLD 4210

Map of 24 Michigan Drive

Directions

Premium Childcare Investment

  • Leased to Guppy's Early Learning Centres
  • Passing Net Rental Income $109,546*pa
  • 65 place modern childcare facility
Long term lease to Guppy’s Early Learning Centre, this is your chance to secure a passive long term investment with annual income secured by a strong performing tenant.

Features include:

• $109,546* p.a. current net income
• 8 + 5 + 5 year net lease to Guppy’s Early Learning Centres
• Initial lease commenced 22/11/2017 with 3% annual rent increases
• Strong performing childcare tenant with 13 other QLD locations
• 65 place modern centre, facilities include expansive outdoor play areas, in house meal preparation areas and additional upper level staff areas
• Convenient well positioned location in the established and still emerging growth precinct of Oxenford
• 1640m² site area with 8 onsite carparks
• Perfect childcare demographic - high annual population growth with a high percentage of working families
• Guppy’s Early Learning Centres - highly qualified tenant with a strong track record of successful childcare operations, 14 current locations.
• Ideal long term passive investment opportunity secured by a tenant with an impeccable rental payment history.

The property is being offered For sale via public auction.

Auction at 11am AEDT Wednesday 29th May 2019, In rooms at Colliers International offices - Level 2, Circle on Cavill, 3184 Surfers Paradise Boulevard, Surfers Paradise, QLD 4217

For more information contact Colliers International’s Steven King on 0417 789 5...


*approx

Additional information

Property ID: 503174426Last Updated: 17 Sep 2021

Colliers - Gold Coast
Level 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217
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.

More properties from Colliers - Gold Coast

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