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171-173 College Road Karana Downs, QLD 4306

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171-173 College Road,
Karana Downs, QLD 4306

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Brisbane Childcare Freehold - New 10 Year Lease

  • 10 year lease to 2027 + options to 2047
  • Fixed 3% or CPI annual increases
  • Net Income $118,450
• 10 year lease to 2027 + options to 2047
• Sparrow Nest Early Learning – 90% owned by Hong Kong Stock Exchange listed Fullshare Holdings – Global Healthcare services provider with market cap of $85B
• Recently refurbished childcare centre with significant internal and playground upgrades undertaken in 2016
• Strong childcare location 4 minutes’ drive to Mt Crosby State School
• Karana Downs – well established residential location of Brisbane situated 22 kilometres from the CBD
• Licensed for 67 Long Day Care places
• Lease secured by 6 month rent guarantee
• Tenant pays all usual outgoings (including Land Tax)
• Fixed 3% or CPI annual increases (Whichever the greater)
• Net Income $118,450pa + GST

For Sale by way of Auction on Tuesday 22nd May at 10.30am
Cushman & Wakefield
Level 22, 1 O'Connell Street, Sydney

Remote Bidding Facilities available at the Cushman & Wakefield Brisbane and Melbourne Offices.

For further information, please contact the exclusive agents, Cushman & Wakefield.

Property ID: 502793206Last Updated: 26 Jul 2018

07 3852 22...
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171-173 College Road
Karana Downs, QLD 4306
Cushman & Wakefield - Brisbane
Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
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