42 Ashgrove Avenue,
Ashgrove, QLD 4060

Medical & Consulting • Shops & Retail • Other

Key property information

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Map of 42 Ashgrove Avenue

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Blue Ribbon Childcare Investment | Highly Sought- After 15 Year Triple Net Lease

New 15 year triple net lease
Fixed 3% rent increases
Inner city location - 4km from CBD

+ Desirable 15 + 5 + 5 year triple net lease to Green Leaves to 2044
+ 3% annual rent increases with ‘ratchet’ provisions at market review
+ Tenant pays all outgoings including maintenance (structural & capital), insurance & land tax
+ Green Leaves: established and successful high-end early education provider with 23 centres nationally
+ Premium 482 sqm double storey child care facility licensed for 54 LDC places
+ Prominent main road corner site metres from the ALDI, Coles and Woolworths anchored Ashgrove Marketplace
+ Highly sought-after inner city location only 4km from the Brisbane CBD
+ Net Income: $229,100 pa + GST

Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

Ashgrove, 4060 demographic data

The median household income for Ashgrove is $2,874, 55% higher than Greater Brisbane's household income of $1,849. Ashgrove has an older age profile compared to the rest of Greater Brisbane (median age 38 vs 36). Property ownership data shows 56% of property owners in Ashgrove have a mortgage.

13,450

Population

$2,874 per week

Median household income

38 years

Median age

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