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507 - 511 Davidson Street Port Douglas, QLD 4877

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507 - 511 Davidson Street,
Port Douglas, QLD 4877

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Modern Childcare Investment, National Provider

+ Secure 15 year lease to Petit Early Learning to 2029
+ Minimum 2.5% annual rent increases + ‘ratchet’ provisions
+ 576 sqm state-of-the-art facility, licensed for 88 LDC places
+ Petit Early Learning: highly experienced and successful early eduction provider with 16 centres
+ Triple net lease with tenant responsible for all outgoings incl.: insurance, maintenance, repairs (capital & structural) + multiple holding land tax
+ High profile 2,663 sqm main road corner site, with 20 car spaces
+ Port Douglas: tourist mecca and gateway to the Great Barrier Reef and the Daintree National Park
+ Substantial income tax saving depreciation benefits
+ Net Income: $207,894 pa + GST and outgoings

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Property ID: 503711890Last Updated: 20 May 2021

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507 - 511 Davidson Street
Port Douglas, QLD 4877
Kelly & Co Property - Brisbane
Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000
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