Share this property

Burgess Rawson - Brisbane

61 Miller Street Urangan, QLD 4655

Directions

61 Miller Street,
Urangan, QLD 4655

Medical & Consulting • Shop & Retail • Other

Price information

Sale - Auction Wed 10 Nov

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$158,190
Number of Tenants
1 Tenant
Tenants / Type
Childcare

Auction

Add to calendar

Private inspections

to arrange a private inspection.
Burgess Rawson - Brisbane
Glenn Conridge
Andrew Havig

Burgess Rawson - Brisbane

Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Brisbane
61 Miller Street
Urangan, QLD 4655

Map of 61 Miller Street

Directions
  • Bus stops within 5 km of 61 Miller Street, Urangan, QLD 4655Distance
    Miller Street Near Pulgul St190 m
    Pulgul Street Near Boat Harbour Dr373 m
    Boat Harbour Drive Near Caringa St393 m
    Pulgul Street Near Dayman St406 m
    Dayman Street Near Pulgul St478 m
    POWERED BY HERE ©
POWERED BY HERE ©

Long Established Childcare Investment | 15 Year Triple Net Lease

  • 15 Year Net Lease + options to 2042
  • Min 3% annual rent increases
  • Large 2,443 sqm landholding
+ 15 year triple net lease to 2032
+ Two further 5 year options to 2042
+ Minimum 3% annual rent increases with ratchet provision at market review, ensuring rental growth
+ Tenant pays 100% of outgoings including: all maintenance (both capital and structural), rates, management fees, insurances and land tax
+ Purpose-built 518sqm child care centre, with service approval for 75 LDC places
+ Substantial 2,443sqm landholding strategically located opposite Urangan Point State School (P-6)
+ Hervey Bay: the fastest growing seaside city in regional Queensland and only 3 hours’ drive north from Brisbane. A world renowned tourist destination and the commercial centre of the Fraser Coast region, with a trade catchment of over 107,000 residents.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $158,190 pa + GST

For Sale by Investment Portfolio Auction
11am (AEDT) Wednesday 10 November 2021

*Mitchell Institute, Australian Investment in Education: Early Learning.

Property ID: 503925118Last Updated: 15 Oct 2021

Agency contacts

Burgess Rawson - Brisbane
Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Add an additional message
Name (required)
Email address (required)
Phone number

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.