High Yielding Investment - Long Lease to National Operator
20 year triple net lease to 2032 + opts
Minimum 3% annual rent increases
High yielding opportunity
Cushman & Wakefield is pleased to present to the market 18 Woongool Road, Maryborough for Sale via Auction.
The property has the following key characteristics:
- 20 year lease to 2032 + options to 2042 - Paisley Park Early Education - Proven operator with 19 Centres nationally - Conveniently located metres from Gympie Road offering direct access to Maryborough CBD - Strategic childcare location with 9 schools within 3 km or 5 minutes drive - Purpose built Childcare Centre licensed for 66 places - Landlord friendly Triple Net Lease - Tenant pays all outgoings including Management Fees & Structural Repairs & Maintenance - Lease secured by 6 month Bank Guarantee & Parent Company Guarantee - Maryborough - A key commercial hub & regional thoroughfare of the Wide Bay Burnett region - Minimum 3% annual rent increases - Net Income $127,193 pa + GST
The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 10 December at 1pm AEDT at Doltone House Hyde Park, located on 3/181 Elizabeth Street, Sydney NSW.
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, please contact the exclusively appointed property professionals at Cushman & Wakefield.
