146 Elliott Heads Road Avenell Heights QLD 4670

Renewed lease to Lead Childcare to 2023 plus one 5 year option
Lead Childcare: highly experienced provider with 13 centres
Triple net lease tenant pays all outgoings (including structural works)
Well maintained child care facility licensed for 75 places
Substantial 3,372 sqm site with established residential precinct
Attractive 3% annual rent increases with ‘ratchet’ provisions
Net Income: $126,120 pa + GST (June 2017)

Auction 11am AEST Wednesday 5 April 2017
River Room, Crown Casino, Melbourne