5-9 Freda Street Ashmore QLD 4214

- Brand New 16 year net lease to 2036 plus options to 2051
- Sanctuary Early Learning Adventure Highly qualified, premium childcare provider with multiple centres
- Net Lease - tenant pays all outgoings as per the lease including management fees and land tax (single holding basis)
- Favourable fixed 3% annual rent increases
- Approved for 118 Long day care places
- Prominent 3,292sqm site with commanding street frontage of 55m
- Impressive state-of-the-art 968 sqm full service facility, 6 Class Rooms from 6 weeks to school age and massive 836 sqm outdoor play area
- Huge tax saving depreciation benefits potential for 42% of the first years income to be tax free
- Excellent lease security - both Bank Guarantee and Personal Guarantee
- Ideally located within close proximity to Ashmore State School, Benowa State School and Trinity Lutheran School. Easily accessible from Ashmore Road, Southport Nerang Road and the M1 Pacific Motorway
- Gold Coast: One of Australias fastest-growing cities, the Gold Coast is experiencing rapid growth with current population of 590,000 and projected grow to over 1 Million by 2050
- Net Income : $457,217 pa + GST