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Sold on 15 May 2019

507 - 511 Davidson Street Port Douglas QLD 4877

  • Medical / Consulting
  • 576 m²
  • Sold

Modern Childcare Investment Leased to National Provider

    Secure 15 year lease to Petit Early Learning to 2029
    Minimum 2.5% annual rent increases + ratchet provisions
    576 sqm state-of-the-art child care facility, licensed for 88 LDC places
    Petit Early Learning: highly experienced and successful early education childcare provider with 18 centres across the eastern seaboard
    Triple net lease with the tenant responsible for all outgoings including: insurance, maintenance, repairs (capital & structural) plus multiple holding land tax
    High profile 2,663 sqm main road corner site, with 20 car spaces
    Port Douglas: tourist mecca of far North Queensland and gateway to the Great Barrier Reef and the Daintree National Park
    Substantial income tax saving depreciation benefits
    Net Income: $197,877 pa + GST and Outgoings

    Auction 11am AEST Wednesday 15 May 2019
    River Room, Crown Casino, Melbourne

    AUCTION

    Auction date and time15/05/2019 11:00
    Auction location507 - 511 Davidson Street, Port Douglas QLD
    Adam Thomas
    Burgess Rawson & Associates
    Adam Thomas
    Burgess Rawson & Associates

    Property Highlights

    Property ID2015178325
    Date Sold15 May 2019
    Floor Area576 m²
    Land Area2,663 m²
    ParkingAsk Agent
    Category
    Last updated  16 May 2019
    Map for 507 - 511 Davidson Street Port Douglas QLD 4877
    Map for 507 - 511 Davidson Street Port Douglas QLD 4877507 - 511 Davidson Street Port Douglas QLD 4877
    Adam Thomas
    Burgess Rawson & Associates
    Adam Thomas
    Burgess Rawson & Associates

    Property Highlights

    Property ID2015178325
    Date Sold15 May 2019
    Floor Area576 m²
    Land Area2,663 m²
    ParkingAsk Agent
    Category
    Last updated  16 May 2019
    Burgess Rawson & Associates
    Level 7, 140 Bourke Street Melbourne VIC 3000
    Adam Thomas
    Burgess Rawson & Associates
    Adam Thomas
    Burgess Rawson & Associates
    Adam Thomas

    Adam Thomas

    Burgess Rawson & Associates

    0418 *** ***
    0418 998 971

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