Brand new 15 year lease to 2032 with options to 2052
Favourable triple net lease with all outgoings recoverable including land tax and management fees
C&K Childcare: Not-for-profit tenant covenant with 320 centres Australia wide and annual revenue in excess of $87 million
Prominent 7,194 sqm site with development potential (STCA) and 60 on-site carparks
Strategically located 600m to the Aldi, Coles, Woolworths BIG W & Target anchored Strathpine shopping centre & 150m to the Strathpine Train Station
Strathpine: Well Established Residential and Commercial suburb in the Booming Northern Brisbane Corridor
Completely refurbished architecturally designed building combined with a World Class brand new “Flagship” fit-out in line with C&K’s 21st century design standards
Desirable 3% annual rent increases
Net Income: $354,063 pa + GST (May 2018)
Auction 11am AEST Tuesday 8 May 2018
Doltone House, Hyde Park, 181 Elizabeth Street, Sydney