42 Ashgrove Avenue Ashgrove QLD 4060

Medical / Consulting
482 m²
Sold

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 with 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

Zoning

Address	42 Ashgrove Avenue Ashgrove QLD 4060
Zoning	LMR2 - Low-medium density residential (2 or 3 storey mix)
Council	BRISBANE CITY
	We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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AUCTION

Auction date and time	18/09/2019 11:00
Auction location	42 Ashgrove Avenue, Ashgrove QLD

Property Highlights

Date Sold	18 Sep 2019
Floor Area	482 m²
Land Area	836 m²
Parking	Ask Agent
Property ID	2015504255
Category	Medical / Consulting Shop & Retail
Last updated	31 Mar 2020

Map for 42 Ashgrove Avenue Ashgrove QLD 4060

Property Highlights

Date Sold	18 Sep 2019
Floor Area	482 m²
Land Area	836 m²
Parking	Ask Agent
Property ID	2015504255
Category	Medical / Consulting Shop & Retail
Last updated	31 Mar 2020