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1 Mary Street
Kingston QLD 4114
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Sold on 21 Oct 2022

1 Mary Street Kingston QLD 4114

  • Other
  • 705 m²
  • Sold, $3,200,000

PASSIVE INVESTMENT - CHILD CARE CENTRE - LONG TERM LEASE

To view the live Auction copy and paste the link below into your browser:
https://www.lloydsonline.com.au/AuctionDetails.aspx?aid=36087

AUCTION CLOSES 21ST OCTOBER AT 11AM

The Property:

• 15 year lease to 2033
• Four x 5 year options to 2053
• Net Income: $193,733 pa + GST
• Full service centre offering care 0-4 yrs. of age from 6:30am-6:30 pm 5 days
• Approved for 82 LDC places
• Highly experienced operator Guppy's Early Learning with 14 centres
• Land size of 1,647 sqm with building area of 705 sqm
• Completely refurbished inside
• Excellent location within dense residential catchment
• Tenant pays all outgoings as per the lease
• Bank Guarantee - 3 months
• Fixed annual increases of 3%
• Net Income: $193,733 pa + GST

Location:

Kingston, an inner suburb of Logan City, immediately south east of Logan Central, is 22 km -south-east of central Brisbane. Kingston is a predominantly residential suburb, with a low mix of industrial, commercial and retail areas.
The suburb is a high growth location between Brisbane and Gold Coast.

• 240m from Kingston Train Station
• 2.4kms from the Logan Motorway
• 5kms from Meadowbrook Shopping Centre
• 4.2km from Marsden Park Shopping Centre
• 5.2km from Logan Hospital
• 1.2km from Kingston State School
• 3.4km from Mabel Park State School
• 2.6km from Groves Christian College

Childcare is an essential service and one of the most sort after investments.

Please email for Information Memorandum

Property Highlights

Date Sold21 Oct 2022
Sold Price$3,200,000
Floor Area705 m²
Land Area1,647 m²
Parking10 x Onsite parkings
Property ID2018114973
Category
Last updated  9 Nov 2022
Map for 1 Mary Street Kingston QLD 4114

Property Highlights

Date Sold21 Oct 2022
Sold Price$3,200,000
Floor Area705 m²
Land Area1,647 m²
Parking10 x Onsite parkings
Property ID2018114973
Category
Last updated  9 Nov 2022
69 Manchester Rd Carrara QLD 4211

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