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Sold on 30 Apr 2019

396-398 Rio Vista Blvd Mermaid Waters QLD 4218

  • Shop & Retail
  • 653 m²
  • Sold

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.

    Campbell Bowers
    JLL Brisbane
    Campbell Bowers
    JLL Brisbane
    Elliott O'Shea
    JLL Brisbane
    Elliott O'Shea
    JLL Brisbane
    Andrew Havig
    JLL Brisbane
    Andrew Havig
    JLL Brisbane

    Property Highlights

    Property ID2015025203
    Date Sold30 Apr 2019
    Floor Area653 m²
    Land Area1,575 m²
    ParkingAsk Agent
    Category
    Last updated  5 Jun 2019
    Map for 396-398 Rio Vista Blvd Mermaid Waters QLD 4218
    Map for 396-398 Rio Vista Blvd Mermaid Waters QLD 4218396-398 Rio Vista Blvd Mermaid Waters QLD 4218
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Campbell Bowers
    JLL Brisbane
    Campbell Bowers
    JLL Brisbane
    Elliott O'Shea
    JLL Brisbane
    Elliott O'Shea
    JLL Brisbane
    Andrew Havig
    JLL Brisbane
    Andrew Havig
    JLL Brisbane

    Property Highlights

    Property ID2015025203
    Date Sold30 Apr 2019
    Floor Area653 m²
    Land Area1,575 m²
    ParkingAsk Agent
    Category
    Last updated  5 Jun 2019
    JLL Brisbane
    Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000
    Campbell Bowers
    JLL Brisbane
    Campbell Bowers
    JLL Brisbane
    Elliott O'Shea
    JLL Brisbane
    Elliott O'Shea
    JLL Brisbane
    Andrew Havig
    JLL Brisbane
    Andrew Havig
    JLL Brisbane

    Ask Campbell Bowers about this property

    Campbell Bowers

    Campbell Bowers

    JLL Brisbane

    Elliott O'Shea

    Elliott O'Shea

    JLL Brisbane

    Andrew Havig

    Andrew Havig

    JLL Brisbane

    +61 *** ***
    +61 405 127 588

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