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Petrie QLD 4502

  • Other
  • 1,791 m²
  • For Sale, $2,400,000 (excl. GST)

CHILD CARE INVESTMENT OFFERED WITH DEV APP & SIGNED 15+10+5 YR LEASE AGREEMENT

  • DA APPROVED WITH SIGNED AFL

THIS NEWLY DA APPROVED 101 PLACE CHILD CARE CENTRE IS POSITIONED AT THE ENTRANCE TO 2 QUALITY SCHOOLS WITH APPROXIMATELY 980 STUDENTS IN ATTENDANCE. A SIGNED 15 + 10 + 5 YEAR LEASE AGREEMENT IS ALREADY IN PLACE.

PETRIE IS ALSO HOME TO THE NEW USC CAMPUS UNIVERSITY WHICH IS PREPARING FOR THE FIRST STUDENT INTAKE OF APPROXIMATELY 1000 - 1200 STUDENTS IN 2020.

WITH QUALITY DEVELOPED CHILD CARE CENTRES BEING SOLD IN THE LOW - MID 5% YIELD RATES THIS PROPERTY OFFERS ADDITIONAL PROFITABILITY FOR THE PRUDENT INVESTOR INCLUDING ADDITIONAL SAVINGS ON STAMP DUTY

WE HAVE INDICATIONS FROM INTERESTED BUILDERS OF BUILD PRICES IN THE VICINITY OF $1.9 - $2.0M. THE COMBINING OF THE ACQUISITION AND CONSTRUCTION PRICES COULD DELIVER PPROXIMATELY AN EXTRA $1.0M INTO THE VALUE OF YOUR PROPERTY PORTFOLIO

CALL DAVID READ ON 0414 335 222 TO DISCUSS IN GREATER DETAIL

Property Highlights

Property ID2015473735
Floor AreaAsk Agent
Land Area1,791 m²
Parking21 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  8 Aug 2019
Map for Petrie QLD 4502
Greater Springfield Realty
36 Coopers Close Sinnamon Park QLD 4073

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