10 year lease expiring April 2026 plus 15 year option.
Absolutely brand new: opened April 2016 with high attendance.
Purpose built high quality centre.
Experienced childcare centre operator + national management team.
Large 3,552 sqm level main road site with extensive 167 m frontage.
Townsville: Queensland's second capital, growth and development based on defence, health, agriculture, construction, education, tourism.
Townsville's population 233,000 - growing to 361,000 in 20 years.
Net lease allows full outgoings recovery including management fees.
Attractive annual rental increases to the greater of 3% or CPI.
Very high depreciation allowances.
Net Income: $286,000 pa + GST.