106 Helensvale Road Helensvale QLD 4212
- Medical / Consulting
- 2,310 m²
- Commercial Auction
Ideally Located Gold Coast Childcare – 15 Year Triple Net Lease
- 15 year triple net lease + options
- Minimum 3% annual increases
- Net Income $185,599 pa + GST
Cushman & Wakefield are pleased to present to the market 106 Helensvale Road, Helensvale (Gold Coast) for sale via Public Auction.
The property has the following key characteristics:
• 15 year triple net lease to 2031 + options to 2041
• Bush Babies Nurseries Pty Ltd – QLD based multicenter private operator
• Purpose built childcare facility in 1997 licensed for 79 LDC
• Ideally located opposite Helensvale State High School and close proximity to major retail hubs
• Positioned along Helensvale Road, a major local thoroughfare located just off the Pacific Motorway
• Helensvale – Well established suburb of the world renowned Gold Coast
• Lease secured by a 6 month rental and outgoings Bank Guarantee ($114,587) in addition to Directors guarantees
• Landlord friendly triple net lease - minimum 5 year notice period to exercise options
• Tenant pays all outgoings including structural repairs and maintenance, Land Tax and Management Fees
• Minimum 3% annual rent increases
• Net Income $185,599 pa + GST
The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 17 October at 2pm at the Cushman & Wakefield Sydney Office, located on Level 22, 1 O’Connell Street, Sydney NSW 2000.
Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.
Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.
|Auction date and time||17/10/2019 14:00|
|Auction location||Cushman & Wakefield Sydney Office - Level 22, 1 O'Connell Street, Sydney|
|Floor Area||Ask Agent|
|Land Area||2,310 m²|
|Parking||18 x Onsite parkings|
|Building Type||Whole building|
|Annual Return||Ask Agent|
|Last updated||12 Sep 2019|