57 Yvette Street,
Kelso, QLD 4815
Medical & Consulting • Shops & Retail • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
57 Yvette Street
Kelso, QLD 4815
Map of 57 Yvette Street
Affordable Childcare Investment | Triple Net Lease to National Tenant
- 15 yr Triple Net lease + opts to 2038
- Affinity: 150+ centres nationally
- Minimum 2.5% annual rent increases
+ 15 year Triple Net Lease to Affinity Education to 2028
+ Two further 5 year options to 2038
+ Affinity Education: operates a network of 150+ learning centres throughout Australia
+ Triple Net Lease: Tenant pays 100% of outgoings including: all maintenance (both capital and structural),land tax, rates, management fees and insurance
+ Minimum 2.5% annual rent increases plus ratchet provisions at the commencement of each further term, ensuring rental growth
+ Long established child care facility with recent capital upgrade, accommodating 75 LDC places
+ Strategic position 100 metres from Kelso State School (P-6) and only 15 kilometres south from Townsville CBD
+ Townsville: the ‘Capital’ of Far North Qld, a thriving economy with a Gross Regional Product of $11.74 billion
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector in the 2019/20 financial year
+ Net Income: $148,732 pa + GST and outgoings
For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 31 March 2021
Also available for sale within the portfolio:
14 Duncombe Grove, Quinns Rocks WA
https://bit.ly/3q4HtTb
+ Two further 5 year options to 2038
+ Affinity Education: operates a network of 150+ learning centres throughout Australia
+ Triple Net Lease: Tenant pays 100% of outgoings including: all maintenance (both capital and structural),land tax, rates, management fees and insurance
+ Minimum 2.5% annual rent increases plus ratchet provisions at the commencement of each further term, ensuring rental growth
+ Long established child care facility with recent capital upgrade, accommodating 75 LDC places
+ Strategic position 100 metres from Kelso State School (P-6) and only 15 kilometres south from Townsville CBD
+ Townsville: the ‘Capital’ of Far North Qld, a thriving economy with a Gross Regional Product of $11.74 billion
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector in the 2019/20 financial year
+ Net Income: $148,732 pa + GST and outgoings
For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 31 March 2021
Also available for sale within the portfolio:
14 Duncombe Grove, Quinns Rocks WA
https://bit.ly/3q4HtTb
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Property ID: 503771390Last Updated: 31 May 2021
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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