396-398 Rio Vista Blvd Mermaid Waters QLD 4218
- Shop & Retail
- 653 m²
Gold Coast childcare with 15yr triple net lease
Brand new Hamptons style childcare centre opened December 2018
15 year triple net lease to Sanctuary Early Learning Adventures with 3.5% annual rent reviews
98 place centre offering best in class childcare facilities, including expansive outdoor playscape and in house meal preparation
Strong performing tenant already trading well above QLD state and national occupancy benchmarks
High-spec build with substantial depreciation benefits in effect
1,575sqm high profile corner site in the affluent Gold Coast suburb of Mermaid Waters
Perfect childcare demographic - Gold Coast seeing an annual population growth of over 2.25% with a high percentage of working families
Sanctuary Early Learning Adventures - highly qualified tenant with a strong track record of successful childcare operation
Triple net income of $375,000p.a.
The property is being offered For Sale via Expressions of Interest closing 4pm (AEST) Tuesday 16 April.
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