Premium Childcare Investment

24 Michigan Drive, Oxenford, Queensland 4210

Retail For Sale

Auction. Date 29 May 2019
Floor Area: 1,640.00 m2.    

Description

Long term lease to Guppy’s Early Learning Centre, this is your chance to secure a passive long term investment with annual income secured by a strong performing tenant.

Features include:

• $109,546* p.a. current net income
• 8 + 5 + 5 year net lease to Guppy’s Early Learning Centres
• Initial lease commenced 22/11/2017 with 3% annual rent increases
• Strong performing childcare tenant with 13 other QLD locations
• 65 place modern centre, facilities include expansive outdoor play areas, in house meal preparation areas and additional upper level staff areas
• Convenient well positioned location in the established and still emerging growth precinct of Oxenford
• 1640m² site area with 8 onsite carparks
• Perfect childcare demographic - high annual population growth with a high percentage of working families
• Guppy’s Early Learning Centres - highly qualified tenant with a strong track record of successful childcare operations, 14 current locations.
• Ideal long term passive investment opportunity secured by a tenant with an impeccable rental payment history.

The property is being offered For sale via public auction.

Auction at 11am AEDT Wednesday 29th May 2019, In rooms at Colliers International offices - Level 2, Circle on Cavill, 3184 Surfers Paradise Boulevard, Surfers Paradise, QLD 4217

For more information contact Colliers International’s Steven King on 0417 789 599


*approx

Features

  • Leased to Guppy's Early Learning Centres
  • Passing Net Rental Income $109,546*pa
  • 65 place modern childcare facility

Specifications

Car Parking Details 8 onsire car parks

Transaction Details

02 Jul 2019
24 Michigan Drive, OXENFORD QLD 4210, AUSTRALIA

Map

Open in a new window

Contact Us

Share This Property
For further details, contact:
Talk to us Now
Click below to be
instantly connected with
a Colliers International representative Request Call
Close
Talk to us Now
Complete this form to be instantly connected with a Colliers
International representative.

Please note this service is only available during business hours
Monday to Friday 8.00am-6.00pm (AEST)

Calling you now!

 

Close This Window

Close
Saved Properties
Remove All
You have no saved properties. Click the 'save' button associated with a property listing to see it displayed here.