Brand new 15 year lease to April 2033, plus 4 x 5 year options to 2053.
Property 100% leased to Our Place Education Services, an experienced and qualified operator.
Newly constructed and highly engineered quality childcare centre licensed for 100 places with over 160 applications awaiting opening in May 2018.
Premium build by one of Canberra's leading private builders IQON, built to last with quality internal and external fit-out rarely seen in a childcare centre.
Location, Location, Location - Opposite private K-12 school and also future government public school.
Within Googong, a growing community in the Queanbeyan region, close to Canberra’s CBD.
Queanbeyan is home to a strong and growing residential population of 57,331, expected to grow over 37% to 78,756 by 2036 (ABS, Forecast.id).
Googong is a brand new master planned township which will be home to 18,000 people.
Located in Googong North Village, with residential apartments and retail anchored by IGA, Domino’s, Chemist, Doctors, Dentist, Liquor, Gym, and others.
Burgess Rawson managed tenanted investment.
Tenant pays all usual outgoings as per lease, plus insurance and management costs.
Guaranteed rental growth with 3.5% annual rent increases.
Significant tax depreciation benefits.
Net Income: $360,000 pa + GST (rising to $582,730 pa + GST by 2033).
Price Guide: circa 6% net yield.
*Agent declares interest
