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Sold on 1 Jul 2019

7 Cowper Avenue Eagleby QLD 4207

  • Retail
  • 1 m²
  • Sold

Extraordinary Childcare Centre Investment – New 10 Year Lease

  • Landlord friendly net lease
  • Significant depreciation benefits
  • Fixed 3% annual rent increases

Cushman and Wakefield are pleased to present to the market 7 Cowper Avenue, Eagleby for sale via Public Auction.

• Brand new 10 year lease to 2029 plus options to 2049
• Favourable net lease - tenant pays all outgoings including Land Tax
• Kids Early Learning - Highly regarded and strong performing operator with 15 centres throughout Queensland
• Prime location - 10 schools within a 3km radius and 200m to IGA Eagleby Shopping Centre, Subway, Red Rooster, 7 Eleven + more
• Strategic position off River Hills Road and only 800m to the M1 Pacific Motorway providing direct access
• Significant 2,018 sqm land holding improved by a striking, architecturally designed 95 place childcare centre
• Well connected suburb within the Brisbane to Gold Coast growth corridor and only 25mins drive to CBD
• Potential for 50% of the first year’s income to be tax free through depreciation benefits*
• Fixed 3% annual rent increases
• Net income $220,000 pa + GST

*Subject to a purchaser’s taxation status

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 4 July at 2pm at the Cushman & Wakefield Sydney Office, located on Level 22, 1 O’Connell Street, Sydney NSW 2000.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.

AUCTION

Auction date and time04/07/2019 14:00
Auction locationCushman & Wakefield - Level 22, 1 O’Connell Street, Sydney NSW

Property Highlights

Property ID2015333474
Date Sold1 Jul 2019
Floor Area1 m²
Land Area2,018 m²
Parking19 x Onsite parkings
Building TypeWhole building
Category
Last updated  9 Aug 2019
Map for 7 Cowper Avenue Eagleby QLD 4207
Cushman & Wakefield Brisbane
Level 11, 123 Eagle Street Brisbane City QLD 4000

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