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Great Investment - 8.5% net pa till 2020/2025!

Great Investment - 8.5% net pa till 2020/2025!

Details

Location Morayfield QLD
Categories Education/Training – Child Care
Date Listed 30th May, 2014
Listing ID 278

Description

Great Investment - 8.5% net pa till 2020/2025!

GoodStart Early Learning is a fantastically strong tenant that secures the long term returns on your investment.
A long term lease is in place and industry advice has the occupancy levels at 80+.

- 75 Place - 5 Rooms purpose built centre
- Exceptional presentation and location
- 5070m2 of usable land = HUGE future upside
- Occupancy levels at 80+
- Annual reviews - CPI
- Market Reviews - At option
- 10 yr lease Commenced 16.12.2005 Expiry 15.12.2015
- 5 yr lease Signed and reg Com 16.12.2015 Exp 15.12.2020
- Outgoings - $16,830 pa Paid by tenant