86 Astor Terrace,
Brisbane City, QLD 4000
Medical & Consulting
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Kelly & Co Property - Brisbane
Level 12, 324 Queen StreetBRISBANE CITY, QLD 4000
86 Astor Terrace
Brisbane City, QLD 4000
Map of 86 Astor Terrace
Brisbane CBD Freehold Investment – Brand New Triple Net 12 Year Lease to 2033
- New 12 year triple net lease
- Minimum 3% annual rent increases
- Development upside
Blue-Chip Asset in the City of Brisbane, strong underlying land value
A truly unique & rare trophy CBD
Brand new 12 year triple net lease to 2033 + options to 2041
Brisbane City Child Care – highly qualified childcare provider in operation since 2004
Minimum of 3% compounding annual rent increases
Triple Net Lease: Tenant pays 100% of outgoings including all maintenance, capex, land tax, rates, electricity, management fees and all insurances
Future development upside, potential to build a 15 story high rise (STCA)
Licenced for 147 Long Day Care places
17 off street carparks accessed from John Street with 14 being internal and secure plus 4 external 15 minute drop-off bays
Desirable 2 street frontages, Astor Terrace & John Street
Self-contained 1,303sqm building plus onsite internal secure parking and four levels of childcare accommodation
Freehold site area of 816sqm
Brisbane’s population is over 2,400,000 and forecast to rapidly increase to 3,180,000 by 2031
Net income: $672,379 pa + GST
For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 31 March 2021
This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
A truly unique & rare trophy CBD
Brand new 12 year triple net lease to 2033 + options to 2041
Brisbane City Child Care – highly qualified childcare provider in operation since 2004
Minimum of 3% compounding annual rent increases
Triple Net Lease: Tenant pays 100% of outgoings including all maintenance, capex, land tax, rates, electricity, management fees and all insurances
Future development upside, potential to build a 15 story high rise (STCA)
Licenced for 147 Long Day Care places
17 off street carparks accessed from John Street with 14 being internal and secure plus 4 external 15 minute drop-off bays
Desirable 2 street frontages, Astor Terrace & John Street
Self-contained 1,303sqm building plus onsite internal secure parking and four levels of childcare accommodation
Freehold site area of 816sqm
Brisbane’s population is over 2,400,000 and forecast to rapidly increase to 3,180,000 by 2031
Net income: $672,379 pa + GST
For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 31 March 2021
This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Brisbane City, 4000 demographic data
The median household income for Brisbane City is $1,802, 3% lower than Greater Brisbane's household income of $1,849. Brisbane City has a younger age profile compared to the rest of Greater Brisbane (median age 31 vs 36). Property ownership data shows 47% of property owners in Brisbane City have a mortgage.
12,587
Population
$1,802 per week
Median household income
31 years
Median age
Renters
Most residents
Families
Most households
Kelly & Co Property - BrisbaneLevel 12, 324 Queen Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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