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2-8 Richmond Road Morningside QLD 4170

  • Medical / Consulting
  • Floor Size1 m²
  • PriceFor Sale, Contact Agent

Brand New Diversified Investment | Childcare & Residential

Outstanding location in Brisbanes affluent eastern suburbs (4 km to CBD)
Highly exposed corner site, just 100 m from train station
New building 110 place childcare centre & 15 furnished residential apartments

Expected completion Q3 2020
Purchase on a Fund Through allowing for substantial stamp duty savings Childcare (on completion):
Secure 15 year lease + 2 x 10 year options
Valuable 3.25% annual rent increases promoting excellent capital growth
Kids Club: established, high-end early education provider with 13 centres
13 schools within a 3 km radius

Expressions of Interest
Offers Closing 4pm AEST
Thursday 22 August 2019

Estimated Net Income
$800,297 pa excl. GST (on completion)
(Childcare: $472,175 + Resi: $328,122)

Property Highlights

Property ID2015422660
Floor Area1 m²
Land Area1,802 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  11 Jul 2019
Map for 2-8 Richmond Road Morningside QLD 4170
Savills Brisbane
Level 2, Central Plaza 2, 66 Eagle Street Brisbane City QLD 4000

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