New 15 year lease expiring August 2032 plus options to 2052
Dominant 80 place centre (expanding to 85) – 100% occupancy
Leased to Kids ELC – long established operator with 10 centres in Qld
Large 2,015 sqm corner site with onsite parking for 22 cars
Goodna – growth suburb dominated by young families with high ratio of 0-5 year age, just 30 minutes southwest of Brisbane CBD
Annual Rent increases to greater of CPI or 2%
High depreciation allowances available
Net Income: $165,000 pa + GST