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2-6 Mayfair Drive Browns Plains, QLD 4118

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2-6 Mayfair Drive,
Browns Plains, QLD 4118

Medical & Consulting • Shops & Retail • Development Sites & Land

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ESTABLISHED PERFORMING CENTRE - CNR EXPOSURE

  • Triple Net Lease (incl Land Tax)
  • Established operator past 15 years
  • Exposed corner location
The Opportunity
- $129,005 NET per annum
- Operator Cubby Care – experienced private QLD operator established for 15 years
- Leased till 2031
- Licenced 64 place LDC
- Lease commenced 27 February, 2016
- 2 x 5 Year option remaining (notice period of five years and six months)
- Triple net lease – outgoings 100% recoverable including land tax on a single holding basis
- Rent reviews: CPI minimum 3% with next review 27/02/19
- Next Market review: year 11 - 2027
- Land size 2,566 sqm*
- 19 onsite car spaces

Building Description
- Semi-modern style (circa mid 1990’s construction), single level, purpose built childcare centre licensed for 64 long day care places.
- The centre comprises five activity rooms, shared children’s amenities, staff room and reception and directors office.
- Construction is primarily of brick external walls and sheet metal roofing.

Location:
- 100 metres from Browns Plains State School
- 1 km from Browns Plains Grand Plaza shopping centre
- 2 km radius from Saint Bernardine's Catholic Primary School, Yugumbir State School and Regents Park State School

For Sale by Expressions of Interest closing 4pm, Thursday 15th November, 2018

* approx.

Property ID: 502983874Last Updated: 19 Jan 2023

04312468...
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2-6 Mayfair Drive
Browns Plains, QLD 4118
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
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