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42 Ashgrove Avenue Ashgrove QLD 4060

  • Medical / Consulting
  • 482 m²
  • Commercial Auction

Blue Ribbon Childcare Investment | Highly Sought- After 15 Year Triple Net Lease

+ Desirable 15 + 5 + 5 year triple net lease to Green Leaves to 2044
+ 3% annual rent increases plus ratchet provisions at market review
+ Tenant pays all outgoings including maintenance (structural & capital), insurance & land tax
+ Green Leaves: established and successful high-end early education provider with 23 centres nationally
+ Premium 482 sqm double storey child care facility licensed for 54 LDC places
+ Prominent main road corner site metres from the ALDI, Coles and Woolworths anchored Ashgrove Marketplace
+ Highly sought-after inner city location only 4km from the Brisbane CBD
+ Net Income: $229,100 pa + GST

Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

Auction date and time18/09/2019 11:00
Auction location42 Ashgrove Avenue, Ashgrove QLD

Property Highlights

Property ID2015504255
Floor Area482 m²
Land Area836 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  23 Aug 2019
Map for 42 Ashgrove Avenue Ashgrove QLD 4060
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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