Lot 2/148-152 Mulgrave Road,
Cairns City, QLD 4870

Shops & Retail • Medical & Consulting

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of Lot 2/148-152 Mulgrave Road

Directions

Two Secure Childcare Investments

Triple Net Lease
National Tenant
Award winning facilities

New 20 year lease to national operator to 2034 plus 3 further 10 year options.
Rare triple net lease terms with tenant responsible for all costs including capital and structural works.
Award winning, purpose built child care facilities.
Experienced management team with 20 plus centres nationally.
Cairns: regarded as the capital of far North Queensland with an emerging population of approximately 200,000 and large scale domestic and foreign investment.

Lot 1 (SOLD)
Award winning 764 sqm purpose built facility.
Large 1,449 sqm land holding.
Licensed for 88 LDC places.
22 allocated car spaces.
Rent: $195,888 pa.

Lot 2
Award winning 762 sqm purpose built facility.
Large 1,578 sqm land holding.
Licensed for 88 LDC places.
22 allocated car spaces.
Rent: $195,888 pa.

Cairns City, 4870 demographic data

The median household income for Cairns City is $1,627, 8% higher than Regional Queensland's household income of $1,507. Cairns City has an older age profile compared to the rest of Regional Queensland (median age 44 vs 41). Property ownership data shows 35% of property owners in Cairns City have a mortgage.

3,616

Population

$1,627 per week

Median household income

44 years

Median age

Renters

Most residents

Families

Most households