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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

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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
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  • Purchase Price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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