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Cushman & Wakefield - Brisbane
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115-119 Shute Harbour Road Cannonvale, QLD 4802

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For Sale - Auction

115-119 Shute Harbour Road
Cannonvale, QLD 4802

Medical & Consulting • Shop & Retail • Showrooms & Bulky Goods
Sale Price

Contact Agent

Under Contract

Land area

0.41ha (1.01 acres)

Floor area

1527.0m²

Car spaces

20

Parking info

Onsite car parking

Property extent

Whole

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$311,444
Number of Tenants
1 Tenant
Tenants / Type
Affinity Education

Commanding Childcare Investment – Blue Chip Operator

  • 15 year lease to 2028
  • Minimum 2.5% annual rent increases
  • Net Income $311,444 pa + GST
Cushman & Wakefield are pleased to present to the market 115-119 Shute Harbour Road, Cannonvale (Airlie Beach) for sale via Public Auction.

The property has the following key characteristics:

• 15 year lease to 2028 + options to 2038
• Affinity Education – Blue Chip operator, 160+ centres with 2018 revenue of $247M 
• Commanding 4,100 sqm site fronting Shute Harbour Road with exposure to over 17,000+ passing cars daily, closeby to Bunnings, Coles, Cannonvale State School and Whitsundays TAFE
• Modern well presented facility licensed for 150 places and neighboring Cannonvale Business Centre
• Landlord friendly triple net lease – Tenant responsible for all usual outgoings including Land Tax, Management Fees and • Structural Repairs and Maintenance
• Minimum 5 year lease renewal notice period ensuring long term security
• World renowned Airlie Beach – Commercial epicentre and capital of the Whitsundays
• Minimum 2.5% annual increases
• Net Income $311,444 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction if not sold prior. The Auction will be conducted on Thursday 17 October at 2pm at the Cushman & Wakefield Sydney Office, located on Level 22, 1 O’Connell Street, Sydney NSW 2000.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.

Property ID: 503328734Last Updated: 13 Nov 2019

Cushman & Wakefield - Brisbane
115-119 Shute Harbour Road
Cannonvale, QLD 4802
Tom Moreland
Michael Collins

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000

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Cushman & Wakefield - Brisbane

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Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
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Tom Moreland

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Tom Moreland
Cushman & Wakefield - Brisbane
115-119 Shute Harbour Road Cannonvale, QLD 4802

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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